Raymond James Financial Inc. bought a new stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN – Free Report) in the 4th quarter, HoldingsChannel reports. The firm bought 102,308 shares of the financial services provider’s stock, valued at approximately $1,058,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Sanctuary Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the third quarter valued at about $122,000. Stephens Inc. AR acquired a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at about $166,000. Dakota Wealth Management boosted 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 purchasing an additional 8,728 shares during the last quarter. Breakwater Capital Group purchased a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at approximately $271,000. Finally, Focused Wealth Management Inc increased its holdings 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 worth $1,006,000 after buying an additional 16,482 shares during the last quarter. 28.22% of the stock is owned by institutional investors and hedge funds.
BlackRock MuniHoldings New York Quality Fund Trading Up 0.7 %
MHN opened at $10.33 on Friday. BlackRock MuniHoldings New York Quality Fund, Inc. has a one year low of $10.05 and a one year high of $11.20. The business’s 50 day moving average price is $10.41 and its 200 day moving average price is $10.62.
BlackRock MuniHoldings New York Quality Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a $0.0515 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date is Tuesday, April 15th.
BlackRock MuniHoldings New York Quality Fund Company Profile
(Free Report)
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.
See Also
Want to see what other hedge funds are holding MHN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN – Free Report).
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