Raymond James Financial Inc. bought a new position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 57,264 shares of the investment management company's stock, valued at approximately $577,000. Raymond James Financial Inc. owned 0.15% of BlackRock MuniYield New York Quality Fund as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of MYN. Breakwater Capital Group boosted its stake in BlackRock MuniYield New York Quality Fund by 17.8% during the fourth quarter. Breakwater Capital Group now owns 55,377 shares of the investment management company's stock worth $558,000 after buying an additional 8,374 shares during the period. Joseph P. Lucia & Associates LLC lifted its holdings in shares of 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 worth $211,000 after acquiring an additional 9,380 shares during the last quarter. PFG Investments LLC purchased a new position in shares of BlackRock MuniYield New York Quality Fund during the 4th quarter worth about $112,000. Tallon Kerry Patrick bought a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at about $122,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in BlackRock MuniYield New York Quality Fund in the 4th quarter worth about $128,000. Institutional investors own 29.32% of the company's stock.
BlackRock MuniYield New York Quality Fund Stock Up 1.1 %
Shares of NYSE:MYN traded up $0.11 on Friday, hitting $9.53. 129,555 shares of the company's stock were exchanged, compared to its average volume of 90,650. The business's 50 day simple moving average is $10.01 and its two-hundred day simple moving average is $10.24. 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 business also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.0512 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.45%. The ex-dividend date is Tuesday, April 15th.
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.
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