Fiera Capital Corp Grows Position in BlackRock New York Municipal Income Trust (NYSE:BNY)

Fiera Capital Corp lifted its holdings in BlackRock New York Municipal Income Trust (NYSE:BNY) by 17.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 515,730 shares of the financial services provider’s stock after buying an additional 74,840 shares during the period. Fiera Capital Corp’s holdings in BlackRock New York Municipal Income Trust were worth $5,333,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. NewEdge Advisors LLC lifted its stake in BlackRock New York Municipal Income Trust by 17.9% in the 1st quarter. NewEdge Advisors LLC now owns 12,500 shares of the financial services provider’s stock worth $152,000 after purchasing an additional 1,900 shares in the last quarter. UBS Group AG lifted its position in BlackRock New York Municipal Income Trust by 6.4% during the first quarter. UBS Group AG now owns 126,186 shares of the financial services provider’s stock worth $1,537,000 after buying an additional 7,612 shares in the last quarter. Guggenheim Capital LLC boosted its stake in BlackRock New York Municipal Income Trust by 9.7% during the first quarter. Guggenheim Capital LLC now owns 482,861 shares of the financial services provider’s stock worth $5,881,000 after buying an additional 42,581 shares during the last quarter. Robinson Capital Management LLC purchased a new stake in BlackRock New York Municipal Income Trust in the 1st quarter valued at $1,050,000. Finally, LPL Financial LLC grew its holdings in BlackRock New York Municipal Income Trust by 7.7% in the 2nd quarter. LPL Financial LLC now owns 69,597 shares of the financial services provider’s stock valued at $767,000 after buying an additional 4,987 shares in the last quarter.

BlackRock New York Municipal Income Trust Trading Up 2.5 %

NYSE BNY opened at $9.58 on Wednesday. The business’s fifty day simple moving average is $9.16 and its 200-day simple moving average is $9.77. BlackRock New York Municipal Income Trust has a 52 week low of $8.60 and a 52 week high of $11.35.

BlackRock New York Municipal Income Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.0305 per share. This represents a $0.37 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Tuesday, November 14th.

BlackRock New York Municipal Income Trust Company 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.