68,819 Shares in BlackRock MuniYield New York Quality Fund, Inc. $MYN Acquired by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. bought a new stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYNFree Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 68,819 shares of the investment management company’s stock, valued at approximately $682,000. Bridgewater Advisors Inc. owned approximately 0.07% of BlackRock MuniYield New York Quality Fund at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in MYN. Royal Bank of Canada increased its holdings in shares of BlackRock MuniYield New York Quality Fund by 268.6% during the first quarter. Royal Bank of Canada now owns 274,458 shares of the investment management company’s stock valued at $2,725,000 after purchasing an additional 200,000 shares during the period. Bank of America Corp DE lifted its holdings in BlackRock MuniYield New York Quality Fund by 4.3% in the second quarter. Bank of America Corp DE now owns 595,864 shares of the investment management company’s stock worth $5,679,000 after purchasing an additional 24,406 shares during the period. Equitable Holdings Inc. grew its position in BlackRock MuniYield New York Quality Fund by 14.6% in the 3rd quarter. Equitable Holdings Inc. now owns 15,701 shares of the investment management company’s stock valued at $156,000 after buying an additional 2,000 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in BlackRock MuniYield New York Quality Fund by 44.1% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 538,416 shares of the investment management company’s stock valued at $5,336,000 after buying an additional 164,844 shares in the last quarter. Finally, Keybank National Association OH acquired a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at about $178,000. Institutional investors and hedge funds own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Stock Performance

MYN stock opened at $9.76 on Friday. BlackRock MuniYield New York Quality Fund, Inc. has a 52 week low of $9.12 and a 52 week high of $10.26. The firm’s 50-day moving average is $10.00 and its two-hundred day moving average is $9.97.

BlackRock MuniYield New York Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.0512 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 6.3%.

BlackRock MuniYield New York Quality Fund Company Profile

(Free Report)

BlackRock MuniYield New York Quality Fund (NYSE: MYN) is a diversified, closed-end management investment company that seeks to deliver current income exempt from federal and New York State income taxes. The fund primarily invests in a portfolio of municipal securities, with an emphasis on investment-grade obligations issued by entities located within New York State.

The fund’s investment strategy focuses on long-term, tax-exempt income by allocating assets to general obligation bonds, revenue bonds, and other municipal debt instruments rated in the upper tiers of the major credit rating agencies.

See Also

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

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