BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 4.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 66,959 shares of the financial services provider’s stock after buying an additional 2,660 shares during the period. Commonwealth Equity Services LLC owned about 0.22% of BlackRock MuniHoldings New York Quality Fund worth $720,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Whitebox Advisors LLC purchased a new position in shares of BlackRock MuniHoldings New York Quality Fund in the first quarter worth about $540,000. Karpus Management Inc. boosted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 5.7% during the 4th quarter. Karpus Management Inc. now owns 844,739 shares of the financial services provider’s stock worth $8,878,000 after purchasing an additional 45,759 shares during the last quarter. Herold Advisors Inc. acquired a new position in shares of BlackRock MuniHoldings New York Quality Fund during the 2nd quarter worth approximately $186,000. Brown Brothers Harriman & Co. purchased a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the fourth quarter valued at approximately $69,000. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 1.1% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 521,661 shares of the financial services provider’s stock valued at $5,613,000 after purchasing an additional 5,622 shares during the last quarter. 28.22% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Performance

Shares of BlackRock MuniHoldings New York Quality Fund stock opened at $11.04 on Thursday. The business’s 50 day moving average price is $10.80 and its 200 day moving average price is $10.66. BlackRock MuniHoldings New York Quality Fund, Inc. has a one year low of $8.69 and a one year high of $11.09.

BlackRock MuniHoldings New York Quality Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.0515 per share. This represents a $0.62 annualized dividend and a dividend yield of 5.60%. The ex-dividend date is Tuesday, October 15th. This is a positive change from BlackRock MuniHoldings New York Quality Fund’s previous monthly dividend of $0.04.

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.