Raymond James Financial Inc. Acquires New Position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Raymond James Financial Inc. bought a new position in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 57,264 shares of the investment management company’s stock, valued at approximately $577,000.

A number of other institutional investors also recently bought and sold shares of the company. PFG Investments LLC acquired a new stake in shares of BlackRock MuniYield New York Quality Fund during the 4th quarter worth approximately $112,000. Tallon Kerry Patrick acquired a new stake in BlackRock MuniYield New York Quality Fund during the fourth quarter worth $122,000. Atria Wealth Solutions Inc. purchased a new stake in BlackRock MuniYield New York Quality Fund in the fourth quarter valued at $128,000. Walleye Capital LLC acquired a new position in shares of BlackRock MuniYield New York Quality Fund in the 3rd quarter valued at $167,000. Finally, Joseph P. Lucia & Associates LLC grew its holdings in shares of BlackRock MuniYield New York Quality Fund by 81.0% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 20,963 shares of the investment management company’s stock worth $211,000 after purchasing an additional 9,380 shares during the period. 29.32% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Price Performance

Shares of NYSE:MYN opened at $9.97 on Monday. BlackRock MuniYield New York Quality Fund, Inc. has a 12-month low of $9.80 and a 12-month high of $10.87. The business has a 50-day moving average price of $10.10 and a 200 day moving average price of $10.30.

BlackRock MuniYield New York Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Shareholders 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 6.16%. The ex-dividend date is Tuesday, April 15th.

BlackRock MuniYield New York Quality Fund Company Profile

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.