BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.76 and traded as low as $10.60. BlackRock MuniHoldings New York Quality Fund shares last traded at $10.61, with a volume of 54,061 shares traded.
BlackRock MuniHoldings New York Quality Fund Price Performance
The stock's 50-day moving average price is $10.91 and its 200-day moving average price is $10.76.
BlackRock MuniHoldings New York Quality Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.0515 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.80%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hennion & Walsh Asset Management Inc. boosted its stake in BlackRock MuniHoldings New York Quality Fund by 1.1% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 521,661 shares of the financial services provider's stock valued at $5,613,000 after buying an additional 5,622 shares in the last quarter. Whitebox Advisors LLC increased its position in BlackRock MuniHoldings New York Quality Fund by 174.7% in the 2nd quarter. Whitebox Advisors LLC now owns 139,973 shares of the financial services provider's stock valued at $1,506,000 after acquiring an additional 89,010 shares during the period. Commonwealth Equity Services LLC raised its stake 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 buying an additional 2,660 shares during the last quarter. Wolverine Asset Management LLC grew its stake 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 worth $419,000 after purchasing an additional 36,672 shares during the period. Finally, Tidal Investments LLC grew its stake in shares of BlackRock MuniHoldings New York Quality Fund by 6.2% in the 1st quarter. Tidal Investments LLC now owns 30,155 shares of the financial services provider's stock valued at $319,000 after buying an additional 1,761 shares during the period. Institutional investors and hedge funds own 28.22% of the company's stock.
About BlackRock MuniHoldings New York Quality Fund
(
Get Free Report)
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.
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