Raymond James Financial Services Advisors Inc. Trims Holdings in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Raymond James Financial Services Advisors Inc. lowered its holdings in shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHNGet Rating) by 3.8% in the third quarter, Holdings Channel reports. The firm owned 71,162 shares of the financial services provider’s stock after selling 2,785 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in BlackRock MuniHoldings New York Quality Fund were worth $697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Hennion & Walsh Asset Management Inc. boosted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 16.3% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 430,807 shares of the financial services provider’s stock worth $4,735,000 after buying an additional 60,421 shares during the period. Guggenheim Capital LLC lifted its position in BlackRock MuniHoldings New York Quality Fund by 9.3% during the 1st quarter. Guggenheim Capital LLC now owns 425,784 shares of the financial services provider’s stock worth $5,459,000 after acquiring an additional 36,335 shares during the period. Karpus Management Inc. purchased a new position in shares of BlackRock MuniHoldings New York Quality Fund in the 2nd quarter valued at approximately $3,662,000. Fiera Capital Corp increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 5.1% in the second quarter. Fiera Capital Corp now owns 209,580 shares of the financial services provider’s stock valued at $2,303,000 after purchasing an additional 10,076 shares during the period. Finally, Integrated Advisors Network LLC raised its stake in shares of BlackRock MuniHoldings New York Quality Fund by 10.3% during the second quarter. Integrated Advisors Network LLC now owns 68,396 shares of the financial services provider’s stock worth $752,000 after purchasing an additional 6,389 shares during the last quarter. 17.66% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Up 0.2 %

Shares of NYSE MHN opened at $11.00 on Tuesday. The stock has a fifty day moving average price of $10.37 and a 200 day moving average price of $10.41. BlackRock MuniHoldings New York Quality Fund, Inc. has a 1-year low of $9.16 and a 1-year high of $13.87.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 1st. Stockholders of record on Friday, January 13th will be issued a $0.0365 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend is Thursday, January 12th.

About BlackRock MuniHoldings New York Quality Fund

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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.

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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:MHNGet Rating).

Institutional Ownership by Quarter for BlackRock MuniHoldings New York Quality Fund (NYSE:MHN)

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