PNC Financial Services Group Inc. Purchases 14,463 Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

PNC Financial Services Group Inc. raised its position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 24.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 74,463 shares of the financial services provider’s stock after acquiring an additional 14,463 shares during the period. PNC Financial Services Group Inc.’s holdings in BlackRock MuniHoldings New York Quality Fund were worth $770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in MHN. Whitebox Advisors LLC increased its holdings in BlackRock MuniHoldings New York Quality Fund by 5.7% in the 3rd quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider’s stock worth $1,652,000 after acquiring an additional 8,020 shares during the last quarter. Dakota Wealth Management boosted its position in BlackRock MuniHoldings New York Quality Fund by 51.7% during the fourth quarter. Dakota Wealth Management now owns 25,622 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 8,728 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of BlackRock MuniHoldings New York Quality Fund in the third quarter worth about $122,000. Stephens Inc. AR bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the fourth quarter valued at approximately $166,000. Finally, Focused Wealth Management Inc lifted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 20.4% during 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 buying an additional 16,482 shares in the last quarter. Hedge funds and other institutional investors own 28.22% of the company’s stock.

BlackRock MuniHoldings New York Quality Fund Price Performance

MHN opened at $10.19 on Tuesday. BlackRock MuniHoldings New York Quality Fund, Inc. has a 12 month low of $10.16 and a 12 month high of $11.20. The company has a 50 day moving average of $10.46 and a 200 day moving average of $10.67.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a $0.0515 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date is Friday, March 14th.

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.