BlackRock MuniYield New York Quality Fund, Inc. (MYN) To Go Ex-Dividend on February 6th

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 6th will be paid a dividend of 0.0512 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock MuniYield New York Quality Fund Price Performance

Shares of BlackRock MuniYield New York Quality Fund stock traded down $0.02 during trading hours on Wednesday, reaching $10.07. The company had a trading volume of 117,073 shares, compared to its average volume of 73,197. The business has a fifty day simple moving average of $10.01 and a 200 day simple moving average of $9.83. BlackRock MuniYield New York Quality Fund has a one year low of $9.12 and a one year high of $10.30.

Institutional Trading of BlackRock MuniYield New York Quality Fund

A number of large investors have recently modified their holdings of MYN. Steward Partners Investment Advisory LLC grew its stake in BlackRock MuniYield New York Quality Fund by 22.8% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 7,000 shares of the investment management company’s stock worth $67,000 after buying an additional 1,300 shares in the last quarter. Equitable Holdings Inc. increased its stake 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 worth $156,000 after purchasing an additional 2,000 shares during the period. Wolverine Asset Management LLC purchased a new stake in BlackRock MuniYield New York Quality Fund during the 2nd quarter valued at $27,000. United Financial Planning Group LLC purchased a new stake in shares of BlackRock MuniYield New York Quality Fund during the third quarter worth about $35,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co raised its position in BlackRock MuniYield New York Quality Fund by 9.7% during the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 70,785 shares of the investment management company’s stock valued at $675,000 after purchasing an additional 6,285 shares during the last quarter. Institutional investors own 29.32% of the company’s stock.

About BlackRock MuniYield New York Quality Fund

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.