31,046 Shares in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 31,046 shares of the investment management company’s stock, valued at approximately $335,000. Wolverine Asset Management LLC owned about 0.08% of BlackRock MuniYield New York Quality Fund as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of MYN. Joseph P. Lucia & Associates LLC purchased a new position in BlackRock MuniYield New York Quality Fund in the 2nd quarter worth approximately $121,000. TIAA Trust National Association raised its stake in shares of BlackRock MuniYield New York Quality Fund by 20.7% in the second quarter. TIAA Trust National Association now owns 12,821 shares of the investment management company’s stock worth $134,000 after purchasing an additional 2,200 shares during the last quarter. Joel Isaacson & Co. LLC lifted its holdings in shares of BlackRock MuniYield New York Quality Fund by 27.9% during the third quarter. Joel Isaacson & Co. LLC now owns 22,360 shares of the investment management company’s stock valued at $241,000 after purchasing an additional 4,877 shares in the last quarter. Tidal Investments LLC boosted its position in shares of BlackRock MuniYield New York Quality Fund by 6.1% during the first quarter. Tidal Investments LLC now owns 30,897 shares of the investment management company’s stock valued at $325,000 after buying an additional 1,777 shares during the last quarter. Finally, Breakwater Capital Group increased its holdings in BlackRock MuniYield New York Quality Fund by 46.0% in the 2nd quarter. Breakwater Capital Group now owns 37,502 shares of the investment management company’s stock worth $393,000 after buying an additional 11,809 shares in the last quarter. 29.32% of the stock is currently owned by institutional investors.

BlackRock MuniYield New York Quality Fund Stock Performance

MYN opened at $10.28 on Thursday. The company’s 50-day simple moving average is $10.58 and its two-hundred day simple moving average is $10.48. BlackRock MuniYield New York Quality Fund, Inc. has a 52-week low of $9.27 and a 52-week high of $10.87.

BlackRock MuniYield New York Quality Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.0512 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.61 annualized dividend and a yield of 5.98%. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04.

BlackRock MuniYield New York Quality Fund 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.