Commonwealth Equity Services LLC Sells 6,932 Shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Commonwealth Equity Services LLC decreased its holdings in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN – Get Rating) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,445 shares of the investment management company’s stock after selling 6,932 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock MuniYield New York Quality Fund were worth $964,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MYN. Rockefeller Capital Management L.P. bought a new position in shares of BlackRock MuniYield New York Quality Fund in the third quarter worth about $43,000. Raymond James & Associates bought a new position in BlackRock MuniYield New York Quality Fund during the third quarter valued at approximately $106,000. International Assets Investment Management LLC bought a new position in BlackRock MuniYield New York Quality Fund during the fourth quarter valued at approximately $110,000. Melfa Wealth Management LLC bought a new position in BlackRock MuniYield New York Quality Fund during the fourth quarter valued at approximately $113,000. Finally, Avestar Capital LLC bought a new position in BlackRock MuniYield New York Quality Fund during the fourth quarter valued at approximately $140,000. Institutional investors own 15.29% of the company’s stock.

BlackRock MuniYield New York Quality Fund Price Performance

Shares of BlackRock MuniYield New York Quality Fund stock opened at $9.82 on Tuesday. The stock has a 50 day moving average of $10.03 and a 200 day moving average of $10.02. BlackRock MuniYield New York Quality Fund, Inc. has a 12 month low of $8.89 and a 12 month high of $11.49.

BlackRock MuniYield New York Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, June 1st. Investors of record on Monday, May 15th will be paid a dividend of $0.0315 per share. This represents a $0.38 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Friday, May 12th.

About BlackRock MuniYield New York Quality Fund

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BlackRock MuniYield New York Quality Fund, Inc is a closed-ended fixed income mutual fund. The company’s investment objective is to provide shareholders with a high level of current income exempt from federal taxes and New York state and New York city personal income taxes. The company was founded on March 16, 1992 and is headquartered in Wilmington, DE.