Rivernorth Capital Management LLC Increases Stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Rivernorth Capital Management LLC increased its holdings in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 38.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,070,573 shares of the financial services provider's stock after purchasing an additional 298,947 shares during the period. Rivernorth Capital Management LLC owned approximately 3.54% of BlackRock MuniHoldings New York Quality Fund worth $11,948,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Herold Advisors Inc. bought a new position in BlackRock MuniHoldings New York Quality Fund in the second quarter worth about $186,000. Blue Bell Private Wealth Management LLC increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 53.7% during 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 acquiring an additional 9,963 shares in the last quarter. Tidal Investments LLC increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 6.2% during the first quarter. Tidal Investments LLC now owns 30,155 shares of the financial services provider's stock valued at $319,000 after acquiring an additional 1,761 shares in the last quarter. Wolverine Asset Management LLC increased its holdings in shares of 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 acquiring an additional 36,672 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of 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 valued at $720,000 after acquiring an additional 2,660 shares in the last quarter. Institutional investors own 28.22% of the company's stock.

BlackRock MuniHoldings New York Quality Fund Stock Performance

Shares of MHN traded down $0.04 during mid-day trading on Thursday, hitting $10.91. 32,569 shares of the company traded hands, compared to its average volume of 51,495. The business has a 50 day moving average of $10.85 and a 200 day moving average of $10.80. BlackRock MuniHoldings New York Quality Fund, Inc. has a 1-year low of $10.18 and a 1-year high of $11.20.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a $0.0515 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.62 dividend on an annualized basis and a yield of 5.66%.

About BlackRock MuniHoldings New York Quality Fund

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.