Oppenheimer & Co. Inc. Sells 976 Shares of BlackRock New York Municipal Income Trust (NYSE:BNY)

Oppenheimer & Co. Inc. cut its holdings in BlackRock New York Municipal Income Trust (NYSE:BNY) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 23,910 shares of the financial services provider’s stock after selling 976 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock New York Municipal Income Trust were worth $263,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Tidal Investments LLC boosted its holdings in shares of BlackRock New York Municipal Income Trust by 8.5% in the first quarter. Tidal Investments LLC now owns 31,252 shares of the financial services provider’s stock valued at $331,000 after buying an additional 2,454 shares during the period. Blue Bell Private Wealth Management LLC boosted its stake in BlackRock New York Municipal Income Trust by 3.9% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 42,446 shares of the financial services provider’s stock worth $455,000 after purchasing an additional 1,600 shares during the period. Whitebox Advisors LLC acquired a new position in BlackRock New York Municipal Income Trust in the 2nd quarter worth $808,000. Cetera Investment Advisers increased its holdings in BlackRock New York Municipal Income Trust by 7.2% during the 2nd quarter. Cetera Investment Advisers now owns 96,357 shares of the financial services provider’s stock worth $1,032,000 after purchasing an additional 6,443 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of BlackRock New York Municipal Income Trust in the 2nd quarter valued at about $151,000.

BlackRock New York Municipal Income Trust Stock Up 0.3 %

BNY stock opened at $10.52 on Friday. BlackRock New York Municipal Income Trust has a fifty-two week low of $9.77 and a fifty-two week high of $11.10. The business has a 50-day moving average of $10.80 and a 200-day moving average of $10.75.

BlackRock New York Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock New York Municipal Income Trust 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.