BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Shares Bought by Joseph P. Lucia & Associates LLC

Joseph P. Lucia & Associates LLC lifted its stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 81.0% during the fourth quarter, Holdings Channel reports. The fund owned 20,963 shares of the investment management company’s stock after purchasing an additional 9,380 shares during the quarter. Joseph P. Lucia & Associates LLC’s holdings in BlackRock MuniYield New York Quality Fund were worth $211,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. PFG Investments LLC purchased a new position in BlackRock MuniYield New York Quality Fund during the fourth quarter worth about $112,000. Tallon Kerry Patrick acquired a new position in shares of BlackRock MuniYield New York Quality Fund during the 4th quarter valued at about $122,000. Walleye Capital LLC purchased a new position in shares of BlackRock MuniYield New York Quality Fund during the 3rd quarter worth about $167,000. Joel Isaacson & Co. LLC boosted its position in shares of BlackRock MuniYield New York Quality Fund by 27.9% in the third quarter. Joel Isaacson & Co. LLC now owns 22,360 shares of the investment management company’s stock worth $241,000 after acquiring an additional 4,877 shares during the last quarter. Finally, Landscape Capital Management L.L.C. boosted its position in shares of BlackRock MuniYield New York Quality Fund by 154.6% in the third quarter. Landscape Capital Management L.L.C. now owns 29,808 shares of the investment management company’s stock worth $321,000 after acquiring an additional 18,098 shares during the last quarter. Hedge funds and other institutional investors own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Stock Up 0.3 %

Shares of MYN stock opened at $10.14 on Tuesday. BlackRock MuniYield New York Quality Fund, Inc. has a one year low of $9.99 and a one year high of $10.87. The company has a 50 day moving average price of $10.29 and a 200 day moving average price of $10.45.

BlackRock MuniYield New York Quality Fund Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.0512 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.61 dividend on an annualized basis and a yield of 6.06%. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04.

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.