37,100 Shares in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Purchased by Arnhold LLC

Arnhold LLC bought a new stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 37,100 shares of the investment management company’s stock, valued at approximately $383,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Breakwater Capital Group raised its stake in shares of BlackRock MuniYield New York Quality Fund by 47.9% in the 3rd quarter. Breakwater Capital Group now owns 15,276 shares of the investment management company’s stock worth $133,000 after buying an additional 4,949 shares in the last quarter. Mackay Shields LLC raised its position in BlackRock MuniYield New York Quality Fund by 49.9% in the fourth quarter. Mackay Shields LLC now owns 814,624 shares of the investment management company’s stock worth $8,415,000 after acquiring an additional 271,029 shares in the last quarter. Saba Capital Management L.P. raised its position in BlackRock MuniYield New York Quality Fund by 49.5% in the third quarter. Saba Capital Management L.P. now owns 1,607,473 shares of the investment management company’s stock worth $14,242,000 after acquiring an additional 531,925 shares in the last quarter. AQR Arbitrage LLC lifted its holdings in BlackRock MuniYield New York Quality Fund by 47.0% in the 3rd quarter. AQR Arbitrage LLC now owns 256,203 shares of the investment management company’s stock valued at $2,270,000 after acquiring an additional 81,908 shares during the last quarter. Finally, Atria Wealth Solutions Inc. boosted its position in shares of BlackRock MuniYield New York Quality Fund by 4.8% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 65,415 shares of the investment management company’s stock valued at $580,000 after purchasing an additional 3,021 shares in the last quarter. 29.32% of the stock is currently owned by institutional investors.

BlackRock MuniYield New York Quality Fund Stock Down 0.2 %

Shares of NYSE MYN traded down $0.02 during midday trading on Tuesday, reaching $10.04. The company’s stock had a trading volume of 54,932 shares, compared to its average volume of 74,243. BlackRock MuniYield New York Quality Fund, Inc. has a one year low of $8.47 and a one year high of $10.62. The company has a 50 day moving average price of $10.38 and a 200 day moving average price of $10.02.

BlackRock MuniYield New York Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be issued a dividend of $0.0442 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.53 annualized dividend and a yield of 5.28%.

BlackRock MuniYield New York Quality Fund Company Profile

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.