Hennion & Walsh Asset Management Inc. Trims Stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Hennion & Walsh Asset Management Inc. reduced its stake in shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 21.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 203,567 shares of the financial services provider's stock after selling 55,413 shares during the period. Hennion & Walsh Asset Management Inc. owned approximately 0.67% of BlackRock MuniHoldings New York Quality Fund worth $2,066,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Generation Capital Management LLC bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the 4th quarter worth $119,000. Envestnet Asset Management Inc. lifted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 32.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider's stock worth $162,000 after acquiring an additional 3,810 shares during the last quarter. Stephens Inc. AR bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the 4th quarter worth $166,000. Broyhill Asset Management bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the 4th quarter worth $253,000. Finally, LPL Financial LLC lifted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 20.7% during the 4th quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider's stock worth $260,000 after acquiring an additional 4,301 shares during the last quarter. 28.22% of the stock is owned by institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Down 1.1%

NYSE MHN opened at $9.72 on Friday. BlackRock MuniHoldings New York Quality Fund, Inc. has a 52-week low of $9.52 and a 52-week high of $11.20. The company has a fifty day moving average of $9.88 and a 200-day moving average of $10.28.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be issued a dividend of $0.0515 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date of this dividend is Friday, June 13th.

BlackRock MuniHoldings New York Quality Fund Company Profile

BlackRock MuniHoldings 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 investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.

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