BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC lessened its stake in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 52.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,702 shares of the investment management company’s stock after selling 16,344 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock MuniYield New York Quality Fund were worth $148,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PFG Investments LLC acquired a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter valued at approximately $112,000. Tallon Kerry Patrick acquired a new stake in BlackRock MuniYield New York Quality Fund during the fourth quarter worth $122,000. Atria Wealth Solutions Inc. acquired a new stake in BlackRock MuniYield New York Quality Fund during the fourth quarter worth $128,000. Walleye Capital LLC acquired a new stake in BlackRock MuniYield New York Quality Fund during the third quarter worth $167,000. Finally, Joseph P. Lucia & Associates LLC increased its stake in BlackRock MuniYield New York Quality Fund by 81.0% during the fourth quarter. Joseph P. Lucia & Associates LLC now owns 20,963 shares of the investment management company’s stock worth $211,000 after acquiring an additional 9,380 shares during the last quarter. Institutional investors and hedge funds own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Price Performance

MYN stock opened at $10.18 on Tuesday. The business has a fifty day moving average of $10.15 and a two-hundred day moving average of $10.40. BlackRock MuniYield New York Quality Fund, Inc. has a 52-week low of $9.99 and a 52-week high of $10.87.

BlackRock MuniYield New York Quality Fund Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.0512 per share. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04. The ex-dividend date is Friday, February 14th. This represents a $0.61 annualized dividend and a yield of 6.04%.

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.