Logan Stone Capital LLC Sells 248,382 Shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Logan Stone Capital LLC trimmed its holdings in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) by 89.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,433 shares of the investment management company's stock after selling 248,382 shares during the quarter. Logan Stone Capital LLC owned approximately 0.08% of BlackRock MuniYield New York Quality Fund worth $307,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MYN. Guggenheim Capital LLC lifted its position 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 valued at $8,324,000 after buying an additional 61,533 shares in the last quarter. Bank of America Corp DE raised its stake in BlackRock MuniYield New York Quality Fund by 16.1% during 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 period. Allspring Global Investments Holdings LLC boosted its position in shares of BlackRock MuniYield New York Quality Fund by 43.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 462,824 shares of the investment management company's stock worth $4,665,000 after purchasing an additional 140,674 shares during the period. Raymond James Financial Inc. bought a new position in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter worth approximately $577,000. Finally, Breakwater Capital Group increased its stake in shares of BlackRock MuniYield New York Quality Fund by 17.8% in the fourth quarter. Breakwater Capital Group now owns 55,377 shares of the investment management company's stock worth $558,000 after purchasing an additional 8,374 shares in the last quarter. 29.32% of the stock is currently owned by institutional investors.

BlackRock MuniYield New York Quality Fund Stock Up 0.1%

Shares of MYN stock traded up $0.01 on Thursday, hitting $9.70. 70,776 shares of the stock traded hands, compared to its average volume of 91,322. BlackRock MuniYield New York Quality Fund, Inc. has a 52 week low of $9.21 and a 52 week high of $10.87. The firm has a 50 day simple moving average of $9.75 and a two-hundred day simple moving average of $10.09.

BlackRock MuniYield New York Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.0512 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.61 dividend on an annualized basis and a yield of 6.33%.

BlackRock MuniYield New York Quality Fund 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.