Blackrock Muniholdings New York Qulty Fd (MHN) Reaches New 1-Year High at $13.15

Blackrock Muniholdings New York Qulty Fd (NYSE:MHN)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.15 and last traded at $13.09, with a volume of 800 shares changing hands. The stock had previously closed at $13.10.

The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be issued a $0.0445 dividend. This represents a $0.53 annualized dividend and a yield of 4.06%. The ex-dividend date of this dividend is Tuesday, May 14th.

A number of institutional investors have recently bought and sold shares of MHN. Advisor Group Inc. boosted its holdings in Blackrock Muniholdings New York Qulty Fd by 33.3% in the fourth quarter. Advisor Group Inc. now owns 6,000 shares of the financial services provider’s stock valued at $72,000 after acquiring an additional 1,500 shares during the last quarter. Next Capital Management LLC bought a new position in Blackrock Muniholdings New York Qulty Fd in the fourth quarter valued at about $72,000. Millennium Management LLC bought a new position in Blackrock Muniholdings New York Qulty Fd in the fourth quarter valued at about $286,000. Credit Suisse AG boosted its holdings in Blackrock Muniholdings New York Qulty Fd by 100.0% in the third quarter. Credit Suisse AG now owns 28,000 shares of the financial services provider’s stock valued at $334,000 after acquiring an additional 14,000 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in Blackrock Muniholdings New York Qulty Fd by 7.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 29,623 shares of the financial services provider’s stock valued at $383,000 after acquiring an additional 2,069 shares during the last quarter. Institutional investors and hedge funds own 19.55% of the company’s stock.

WARNING: This report was first posted by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international copyright and trademark law. The original version of this report can be accessed at https://www.baseballdailydigest.com/news/2019/05/08/blackrock-muniholdings-new-york-qulty-fd-mhn-reaches-new-1-year-high-at-13-15.html.

Blackrock Muniholdings New York Qulty Fd Company Profile (NYSE:MHN)

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.

Read More: What is a short straddle?

Receive News & Ratings for Blackrock Muniholdings New York Qulty Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Muniholdings New York Qulty Fd and related companies with MarketBeat.com's FREE daily email newsletter.