Mackay Shields LLC grew its holdings in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) by 22.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,146,355 shares of the investment management company's stock after purchasing an additional 208,831 shares during the period. Mackay Shields LLC owned approximately 2.99% of BlackRock MuniYield New York Quality Fund worth $11,383,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC purchased a new stake in BlackRock MuniYield New York Quality Fund during the 1st quarter worth approximately $106,000. Citadel Advisors LLC acquired a new position in shares of BlackRock MuniYield New York Quality Fund in the 4th quarter valued at $106,000. Two Sigma Securities LLC acquired a new position in shares of BlackRock MuniYield New York Quality Fund in the 4th quarter valued at $161,000. Joel Isaacson & Co. LLC raised its stake in BlackRock MuniYield New York Quality Fund by 44.4% in the 1st quarter. Joel Isaacson & Co. LLC now owns 32,896 shares of the investment management company's stock worth $327,000 after acquiring an additional 10,111 shares during the last quarter. Finally, Arnhold LLC lifted its position in BlackRock MuniYield New York Quality Fund by 8.9% during the 4th quarter. Arnhold LLC now owns 40,400 shares of the investment management company's stock worth $407,000 after acquiring an additional 3,300 shares during the period. Hedge funds and other institutional investors own 29.32% of the company's stock.
BlackRock MuniYield New York Quality Fund Trading Down 0.5%
BlackRock MuniYield New York Quality Fund stock opened at $9.56 on Friday. BlackRock MuniYield New York Quality Fund, Inc. has a fifty-two week low of $9.21 and a fifty-two week high of $10.87. The business's 50-day simple moving average is $9.55 and its two-hundred day simple moving average is $9.85.
BlackRock MuniYield New York Quality Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be given a $0.0512 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.61 annualized dividend and a yield of 6.43%.
BlackRock MuniYield New York Quality Fund Company Profile
(
Free Report)
BlackRock MuniYield New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.
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Want to see what other hedge funds are holding MYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report).
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