Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 57,264 shares of the investment management company's stock, valued at approximately $577,000. Raymond James Financial Inc. owned about 0.15% of BlackRock MuniYield New York Quality Fund at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of MYN. PFG Investments LLC acquired a new stake in shares of BlackRock MuniYield New York Quality Fund in the 4th quarter worth about $112,000. Tallon Kerry Patrick bought a new stake in BlackRock MuniYield New York Quality Fund during the 4th quarter worth approximately $122,000. Atria Wealth Solutions Inc. purchased a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter worth approximately $128,000. Joseph P. Lucia & Associates LLC lifted its holdings in shares of BlackRock MuniYield New York Quality Fund by 81.0% in the fourth quarter. Joseph P. Lucia & Associates LLC now owns 20,963 shares of the investment management company's stock valued at $211,000 after purchasing an additional 9,380 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of BlackRock MuniYield New York Quality Fund by 26.1% during the fourth quarter. LPL Financial LLC now owns 53,448 shares of the investment management company's stock valued at $539,000 after buying an additional 11,071 shares during the last quarter. Institutional investors and hedge funds own 29.32% of the company's stock.
BlackRock MuniYield New York Quality Fund Price Performance
NYSE MYN opened at $9.70 on Thursday. The business has a fifty day simple moving average of $9.80 and a 200 day simple moving average of $10.11. BlackRock MuniYield New York Quality Fund, Inc. has a 12 month low of $9.21 and a 12 month high of $10.87.
BlackRock MuniYield New York Quality Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a $0.0512 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.61 annualized dividend and a dividend yield of 6.33%.
About BlackRock MuniYield New York Quality Fund
(
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.
See Also
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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