Sanctuary Advisors LLC Decreases Holdings in BlackRock New York Municipal Income Trust (NYSE:BNY)

Sanctuary Advisors LLC reduced its holdings in shares of BlackRock New York Municipal Income Trust (NYSE:BNY) by 9.7% during the fourth quarter, Holdings Channel reports. The fund owned 14,813 shares of the financial services provider’s stock after selling 1,590 shares during the period. Sanctuary Advisors LLC’s holdings in BlackRock New York Municipal Income Trust were worth $154,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Focused Wealth Management Inc boosted its stake in shares of BlackRock New York Municipal Income Trust by 0.8% in the 3rd quarter. Focused Wealth Management Inc now owns 118,483 shares of the financial services provider’s stock valued at $1,303,000 after purchasing an additional 978 shares in the last quarter. Whitebox Advisors LLC lifted its stake in BlackRock New York Municipal Income Trust by 9.4% in the third quarter. Whitebox Advisors LLC now owns 82,517 shares of the financial services provider’s stock worth $908,000 after purchasing an additional 7,084 shares during the last quarter. Dakota Wealth Management purchased a new stake in BlackRock New York Municipal Income Trust during the fourth quarter valued at about $112,000. Landscape Capital Management L.L.C. bought a new position in shares of BlackRock New York Municipal Income Trust during the third quarter valued at about $152,000. Finally, Summit Trail Advisors LLC purchased a new position in shares of BlackRock New York Municipal Income Trust in the fourth quarter worth about $146,000.

BlackRock New York Municipal Income Trust Price Performance

NYSE BNY opened at $10.57 on Thursday. BlackRock New York Municipal Income Trust has a 1-year low of $10.05 and a 1-year high of $11.10. The stock has a 50-day moving average of $10.39 and a 200-day moving average of $10.62.

BlackRock New York Municipal Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.051 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.61 annualized dividend and a yield of 5.79%.

BlackRock New York Municipal Income Trust Company Profile

BlackRock New York Municipal Income Trust 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 the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.