Raymond James Financial Services Advisors Inc. Raises Holdings in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Raymond James Financial Services Advisors Inc. lifted its position in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,081 shares of the investment management company’s stock after purchasing an additional 3,611 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.08% of BlackRock MuniYield New York Quality Fund worth $342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in BlackRock MuniYield New York Quality Fund by 7.6% during the 1st quarter. Bank of New York Mellon Corp now owns 16,215 shares of the investment management company’s stock worth $165,000 after buying an additional 1,139 shares during the last quarter. Royal Bank of Canada grew its position in shares of BlackRock MuniYield New York Quality Fund by 2.3% during the third quarter. Royal Bank of Canada now owns 56,520 shares of the investment management company’s stock worth $501,000 after acquiring an additional 1,259 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of BlackRock MuniYield New York Quality Fund by 13.7% in the 1st quarter. NewEdge Advisors LLC now owns 14,150 shares of the investment management company’s stock valued at $171,000 after acquiring an additional 1,700 shares during the period. Ameriprise Financial Inc. raised its position in BlackRock MuniYield New York Quality Fund by 13.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 17,120 shares of the investment management company’s stock valued at $152,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Mathes Company Inc. boosted its stake in BlackRock MuniYield New York Quality Fund by 14.3% during the 3rd quarter. Mathes Company Inc. now owns 20,000 shares of the investment management company’s stock worth $177,000 after purchasing an additional 2,500 shares during the period. 29.32% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Price Performance

Shares of BlackRock MuniYield New York Quality Fund stock opened at $10.11 on Monday. BlackRock MuniYield New York Quality Fund, Inc. has a 1 year low of $8.47 and a 1 year high of $10.62. The company’s fifty day moving average is $10.40 and its two-hundred day moving average is $9.95.

BlackRock MuniYield New York Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a dividend of $0.0442 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date of this dividend is Friday, April 12th.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield 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 a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.