Dakota Wealth Management Purchases Shares of 33,908 BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Dakota Wealth Management purchased a new stake in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 33,908 shares of the investment management company's stock, valued at approximately $337,000. Dakota Wealth Management owned approximately 0.09% of BlackRock MuniYield New York Quality Fund as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Mackay Shields LLC increased its position in BlackRock MuniYield New York Quality Fund by 22.3% during the 1st quarter. Mackay Shields LLC now owns 1,146,355 shares of the investment management company's stock valued at $11,383,000 after purchasing an additional 208,831 shares during the period. Guggenheim Capital LLC raised its stake in shares of BlackRock MuniYield New York Quality Fund by 8.1% during the 4th quarter. Guggenheim Capital LLC now owns 825,819 shares of the investment management company's stock worth $8,324,000 after purchasing an additional 61,533 shares during the period. Bank of America Corp DE increased its holdings in BlackRock MuniYield New York Quality Fund by 16.1% in the 4th quarter. Bank of America Corp DE now owns 562,629 shares of the investment management company's stock worth $5,671,000 after acquiring an additional 77,915 shares during the last quarter. Breakwater Capital Group increased its holdings in BlackRock MuniYield New York Quality Fund by 16.8% in the 1st quarter. Breakwater Capital Group now owns 64,693 shares of the investment management company's stock worth $642,000 after acquiring an additional 9,316 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at about $577,000. Institutional investors and hedge funds own 29.32% of the company's stock.

BlackRock MuniYield New York Quality Fund Trading Down 0.3%

MYN opened at $9.27 on Friday. BlackRock MuniYield New York Quality Fund, Inc. has a 12-month low of $9.21 and a 12-month high of $10.87. The stock has a fifty day simple moving average of $9.50 and a two-hundred day simple moving average of $9.81.

BlackRock MuniYield New York Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be issued a dividend of $0.0512 per share. This represents a $0.61 annualized dividend and a yield of 6.63%. The ex-dividend date of this dividend is Tuesday, July 15th.

BlackRock MuniYield New York Quality Fund Company Profile

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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