Platform Technology Partners Sells 4,780 Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Platform Technology Partners cut its holdings in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 23.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,182 shares of the financial services provider’s stock after selling 4,780 shares during the period. Platform Technology Partners’ holdings in BlackRock MuniHoldings New York Quality Fund were worth $157,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Atria Wealth Solutions Inc. bought a new position in shares of BlackRock MuniHoldings New York Quality Fund during the first quarter valued at about $113,000. Ameriprise Financial Inc. raised its stake in shares of BlackRock MuniHoldings New York Quality Fund by 29.7% during the first quarter. Ameriprise Financial Inc. now owns 13,685 shares of the financial services provider’s stock valued at $146,000 after acquiring an additional 3,130 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of BlackRock MuniHoldings New York Quality Fund during the first quarter valued at about $72,000. UBS Group AG raised its stake in shares of BlackRock MuniHoldings New York Quality Fund by 15.0% during the first quarter. UBS Group AG now owns 104,057 shares of the financial services provider’s stock valued at $1,107,000 after acquiring an additional 13,602 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new position in shares of BlackRock MuniHoldings New York Quality Fund during the first quarter valued at about $333,000. 23.50% of the stock is owned by institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Performance

Shares of NYSE:MHN traded up $0.09 during midday trading on Monday, hitting $9.75. 41,196 shares of the stock traded hands, compared to its average volume of 49,009. BlackRock MuniHoldings New York Quality Fund, Inc. has a one year low of $9.16 and a one year high of $11.19. The business’s 50 day moving average is $10.10 and its two-hundred day moving average is $10.26.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be given a dividend of $0.0335 per share. This represents a $0.40 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend is Thursday, September 14th.

About BlackRock MuniHoldings New York Quality Fund

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.