BlackRock MuniHoldings New York Quality Fund, Inc. (MHN) to Issue Monthly Dividend of $0.05 on February 2nd

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be paid a dividend of 0.0515 per share by the financial services provider on Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock MuniHoldings New York Quality Fund Trading Up 0.0%

Shares of NYSE:MHN opened at $10.36 on Friday. BlackRock MuniHoldings New York Quality Fund has a 12-month low of $9.39 and a 12-month high of $10.64. The business’s fifty day simple moving average is $10.30 and its 200-day simple moving average is $10.08.

Institutional Trading of BlackRock MuniHoldings New York Quality Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the 3rd quarter worth approximately $5,061,000. City of London Investment Management Co. Ltd. acquired a new stake in BlackRock MuniHoldings New York Quality Fund during the third quarter valued at $579,000. Raymond James Financial Inc. increased its holdings in BlackRock MuniHoldings New York Quality Fund by 44.7% in the second quarter. Raymond James Financial Inc. now owns 147,877 shares of the financial services provider’s stock valued at $1,452,000 after buying an additional 45,713 shares in the last quarter. TrueMark Investments LLC acquired a new position in shares of BlackRock MuniHoldings New York Quality Fund in the third quarter worth about $382,000. Finally, Guggenheim Capital LLC raised its position in shares of BlackRock MuniHoldings New York Quality Fund by 5.4% in the second quarter. Guggenheim Capital LLC now owns 654,119 shares of the financial services provider’s stock worth $6,423,000 after acquiring an additional 33,328 shares during the period. 28.22% of the stock is owned by institutional investors and hedge funds.

About BlackRock MuniHoldings New York Quality Fund

BlackRock MuniHoldings New York Quality Fund (NYSE: MHN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York state income taxes. The fund primarily invests in investment-grade municipal securities issued by the State of New York and its political subdivisions, offering investors targeted exposure to the public finance activities of one of the nation’s largest municipal bond markets.

The fund’s portfolio is concentrated in high-quality, tax-exempt obligations such as general obligation bonds and revenue bonds backed by state and local government revenues.