Arnhold LLC Purchases 3,300 Shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Arnhold LLC grew its holdings in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,400 shares of the investment management company’s stock after purchasing an additional 3,300 shares during the quarter. Arnhold LLC owned about 0.11% of BlackRock MuniYield New York Quality Fund worth $407,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in MYN. Two Sigma Securities LLC acquired a new stake in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at approximately $161,000. Guggenheim Capital LLC grew its stake in shares of BlackRock MuniYield New York Quality Fund by 8.1% in the fourth quarter. Guggenheim Capital LLC now owns 825,819 shares of the investment management company’s stock worth $8,324,000 after acquiring an additional 61,533 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter worth $577,000. LPL Financial LLC increased its position in BlackRock MuniYield New York Quality Fund by 26.1% during the fourth quarter. LPL Financial LLC now owns 53,448 shares of the investment management company’s stock worth $539,000 after acquiring an additional 11,071 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at $128,000. 29.32% of the stock is currently owned by institutional investors.

BlackRock MuniYield New York Quality Fund Stock Performance

NYSE MYN opened at $9.64 on Friday. The company’s fifty day moving average is $9.90 and its two-hundred day moving average is $10.17. BlackRock MuniYield New York Quality Fund, Inc. has a 52-week low of $9.21 and a 52-week high of $10.87.

BlackRock MuniYield New York Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a dividend of $0.0512 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.61 annualized dividend and a yield of 6.37%.

BlackRock MuniYield New York Quality Fund 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.