Hennion & Walsh Asset Management Inc. Sells 88,584 Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Hennion & Walsh Asset Management Inc. decreased its position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 17.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 433,077 shares of the financial services provider's stock after selling 88,584 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 1.43% of BlackRock MuniHoldings New York Quality Fund worth $4,833,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 5.0% in the first quarter. Commonwealth Equity Services LLC now owns 64,299 shares of the financial services provider's stock valued at $681,000 after buying an additional 3,072 shares during the period. Whitebox Advisors LLC bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the first quarter valued at approximately $540,000. Tidal Investments LLC boosted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 6.2% in the first 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. Herold Advisors Inc. bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the second quarter valued at approximately $186,000. Finally, Blue Bell Private Wealth Management LLC boosted its stake 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 buying an additional 9,963 shares during the period. Institutional investors and hedge funds own 28.22% of the company's stock.

BlackRock MuniHoldings New York Quality Fund Trading Down 0.9 %

Shares of MHN stock traded down $0.10 during trading on Thursday, hitting $10.63. The company had a trading volume of 85,374 shares, compared to its average volume of 50,197. The stock's 50-day moving average price is $10.92 and its 200 day moving average price is $10.74. BlackRock MuniHoldings New York Quality Fund, Inc. has a one year low of $8.69 and a one year high of $11.20.

BlackRock MuniHoldings New York Quality Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a $0.0515 dividend. This is a boost from BlackRock MuniHoldings New York Quality Fund's previous monthly dividend of $0.04. This represents a $0.62 annualized dividend and a dividend yield of 5.81%. The ex-dividend date of this dividend is Tuesday, October 15th.

BlackRock MuniHoldings New York Quality Fund Company 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.