Robinson Capital Management LLC Has $1.25 Million Stock Holdings in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Robinson Capital Management LLC reduced its stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 32.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,619 shares of the financial services provider's stock after selling 57,945 shares during the quarter. Robinson Capital Management LLC owned about 0.40% of BlackRock MuniHoldings New York Quality Fund worth $1,247,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Focused Wealth Management Inc raised its holdings in BlackRock MuniHoldings New York Quality Fund by 20.4% in the 4th quarter. Focused Wealth Management Inc now owns 97,261 shares of the financial services provider's stock valued at $1,006,000 after acquiring an additional 16,482 shares during the period. Stephens Inc. AR bought a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at about $166,000. Dakota Wealth Management raised its holdings in BlackRock MuniHoldings New York Quality Fund by 51.7% in the 4th quarter. Dakota Wealth Management now owns 25,622 shares of the financial services provider's stock valued at $265,000 after acquiring an additional 8,728 shares during the period. Breakwater Capital Group bought a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at about $271,000. Finally, Rivernorth Capital Management LLC raised its holdings in BlackRock MuniHoldings New York Quality Fund by 38.7% in the 3rd quarter. Rivernorth Capital Management LLC now owns 1,070,573 shares of the financial services provider's stock valued at $11,948,000 after acquiring an additional 298,947 shares during the period. 28.22% of the stock is owned by institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Performance

Shares of NYSE:MHN traded up $0.04 on Friday, reaching $10.49. 82,598 shares of the company's stock were exchanged, compared to its average volume of 72,838. The company has a fifty day moving average of $10.45 and a 200-day moving average of $10.71. BlackRock MuniHoldings New York Quality Fund, Inc. has a twelve month low of $10.18 and a twelve month high of $11.20.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.0515 per share. The ex-dividend date is Friday, February 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.89%.

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.