57,264 Shares in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 57,264 shares of the investment management company's stock, valued at approximately $577,000. Raymond James Financial Inc. owned approximately 0.15% of BlackRock MuniYield New York Quality Fund as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Breakwater Capital Group raised its stake in shares of BlackRock MuniYield New York Quality Fund by 17.8% during the 4th quarter. Breakwater Capital Group now owns 55,377 shares of the investment management company's stock worth $558,000 after acquiring an additional 8,374 shares in the last quarter. Joseph P. Lucia & Associates LLC boosted its holdings in BlackRock MuniYield New York Quality Fund by 81.0% in the 4th 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 during the last quarter. LPL Financial LLC increased 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 acquiring an additional 11,071 shares during the last quarter. PFG Investments LLC purchased a new position in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter valued at approximately $112,000. Finally, Tallon Kerry Patrick acquired a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter worth approximately $122,000. 29.32% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Stock Down 0.1%

MYN stock traded down $0.01 on Tuesday, hitting $9.71. The company's stock had a trading volume of 13,189 shares, compared to its average volume of 97,315. The firm has a 50 day moving average of $9.77 and a two-hundred day moving average of $10.09. BlackRock MuniYield New York Quality Fund, Inc. has a 1 year low of $9.21 and a 1 year high of $10.87.

BlackRock MuniYield New York Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.0512 per share. 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%.

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.