Raymond James Financial Services Advisors Inc. Sells 13,690 Shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Raymond James Financial Services Advisors Inc. trimmed its stake in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYNFree Report) by 31.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,524 shares of the investment management company’s stock after selling 13,690 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.08% of BlackRock MuniYield New York Quality Fund worth $299,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Karpus Management Inc. grew its position in BlackRock MuniYield New York Quality Fund by 41.1% in the first quarter. Karpus Management Inc. now owns 1,010,807 shares of the investment management company’s stock valued at $10,260,000 after acquiring an additional 294,420 shares during the period. Guggenheim Capital LLC grew its holdings in shares of BlackRock MuniYield New York Quality Fund by 17.7% during the first quarter. Guggenheim Capital LLC now owns 544,337 shares of the investment management company’s stock worth $5,525,000 after purchasing an additional 81,881 shares during the last quarter. Logan Stone Capital LLC grew its holdings in shares of BlackRock MuniYield New York Quality Fund by 156.4% during the fourth quarter. Logan Stone Capital LLC now owns 470,365 shares of the investment management company’s stock worth $4,610,000 after purchasing an additional 286,905 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of BlackRock MuniYield New York Quality Fund by 2.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 322,150 shares of the investment management company’s stock worth $3,270,000 after purchasing an additional 8,900 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of BlackRock MuniYield New York Quality Fund by 3.2% during the second quarter. Wells Fargo & Company MN now owns 207,490 shares of the investment management company’s stock worth $2,214,000 after purchasing an additional 6,441 shares during the last quarter. 24.34% of the stock is currently owned by institutional investors.

BlackRock MuniYield New York Quality Fund Stock Performance

Shares of MYN stock opened at $9.06 on Friday. The stock’s fifty day moving average is $9.03 and its 200-day moving average is $9.63. BlackRock MuniYield New York Quality Fund, Inc. has a 52 week low of $8.47 and a 52 week high of $10.80.

BlackRock MuniYield New York Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.0315 per share. This represents a $0.38 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend is Tuesday, November 14th.

BlackRock MuniYield New York Quality Fund Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock MuniYield New York Quality Fund (NYSE:MYN)

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