BlackRock MuniHoldings New York Quality Fund (NYSE:MHN) Share Price Passes Below 200-Day Moving Average of $10.20

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $10.20 and traded as low as $10.18. BlackRock MuniHoldings New York Quality Fund shares last traded at $10.20, with a volume of 42,476 shares traded.

BlackRock MuniHoldings New York Quality Fund Trading Up 0.2 %

The stock has a 50-day moving average price of $10.53 and a two-hundred day moving average price of $10.21.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a dividend of $0.0435 per share. The ex-dividend date is Friday, April 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.11%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC grew its position in BlackRock MuniHoldings New York Quality Fund by 527.3% in the first quarter. Blue Bell Private Wealth Management LLC now owns 18,537 shares of the financial services provider’s stock worth $196,000 after acquiring an additional 15,582 shares in the last quarter. Karpus Management Inc. lifted its stake in BlackRock MuniHoldings New York Quality Fund by 5.7% in the fourth quarter. Karpus Management Inc. now owns 844,739 shares of the financial services provider’s stock worth $8,878,000 after purchasing an additional 45,759 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in BlackRock MuniHoldings New York Quality Fund in the fourth quarter worth about $69,000. Robinson Capital Management LLC lifted its stake in BlackRock MuniHoldings New York Quality Fund by 120.2% in the fourth quarter. Robinson Capital Management LLC now owns 157,675 shares of the financial services provider’s stock worth $1,662,000 after purchasing an additional 86,076 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in BlackRock MuniHoldings New York Quality Fund by 3.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 65,503 shares of the financial services provider’s stock worth $688,000 after purchasing an additional 2,392 shares during the last quarter. Hedge funds and other institutional investors own 28.22% of the company’s stock.

About BlackRock MuniHoldings New York Quality Fund

BlackRock MuniHoldings 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 investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.