Hennion & Walsh Asset Management Inc. Has $2.07 Million Stock Position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Hennion & Walsh Asset Management Inc. trimmed its position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 21.4% during the first quarter, according to its most recent 13F 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 about 0.67% of BlackRock MuniHoldings New York Quality Fund worth $2,066,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of MHN. Generation Capital Management LLC bought a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at $119,000. Envestnet Asset Management Inc. boosted its position in BlackRock MuniHoldings New York Quality Fund by 32.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider's stock valued at $162,000 after buying an additional 3,810 shares during the last quarter. Stephens Inc. AR bought a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at $166,000. Broyhill Asset Management bought a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at $253,000. Finally, LPL Financial LLC lifted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 20.7% in the 4th quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider's stock valued at $260,000 after purchasing an additional 4,301 shares during the period. 28.22% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Performance

Shares of MHN stock traded up $0.01 during trading hours on Monday, reaching $9.73. The company had a trading volume of 47,885 shares, compared to its average volume of 62,948. The company has a 50 day moving average of $9.87 and a 200 day moving average of $10.27. BlackRock MuniHoldings New York Quality Fund, Inc. has a 1-year low of $9.52 and a 1-year high of $11.20.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be paid a $0.0515 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.35%. The ex-dividend date is Friday, June 13th.

BlackRock MuniHoldings New York Quality Fund 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.