Rivernorth Capital Management LLC Acquires 298,947 Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Rivernorth Capital Management LLC grew its position in shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 38.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,070,573 shares of the financial services provider's stock after buying an additional 298,947 shares during the quarter. Rivernorth Capital Management LLC owned approximately 3.54% of BlackRock MuniHoldings New York Quality Fund worth $11,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Hennion & Walsh Asset Management Inc. boosted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 1.1% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 521,661 shares of the financial services provider's stock worth $5,613,000 after acquiring an additional 5,622 shares in the last quarter. Whitebox Advisors LLC lifted its holdings in BlackRock MuniHoldings New York Quality Fund by 5.7% in the 3rd quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider's stock worth $1,652,000 after purchasing an additional 8,020 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in BlackRock MuniHoldings New York Quality Fund by 4.1% during the second quarter. Commonwealth Equity Services LLC now owns 66,959 shares of the financial services provider's stock worth $720,000 after purchasing an additional 2,660 shares during the period. Wolverine Asset Management LLC grew its holdings in BlackRock MuniHoldings New York Quality Fund by 4,029.9% during the third quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider's stock valued at $419,000 after purchasing an additional 36,672 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its position in shares of BlackRock MuniHoldings New York Quality Fund by 53.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 28,500 shares of the financial services provider's stock valued at $307,000 after purchasing an additional 9,963 shares during the period. Institutional investors own 28.22% of the company's stock.

BlackRock MuniHoldings New York Quality Fund Price Performance

Shares of BlackRock MuniHoldings New York Quality Fund stock traded down $0.14 on Friday, reaching $10.70. The stock had a trading volume of 35,992 shares, compared to its average volume of 51,603. The business's 50-day moving average price is $10.82 and its two-hundred day moving average price is $10.81. BlackRock MuniHoldings New York Quality Fund, Inc. has a fifty-two week low of $10.18 and a fifty-two week high of $11.20.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.0515 per share. This represents a $0.62 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date of this dividend is Monday, December 16th.

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.