BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE) Stock Price Passes Below 50-Day Moving Average of $14.51

Shares of BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.51 and traded as low as $14.53. BlackRock Muni New York Intr. Dur. Fnd. shares last traded at $14.53, with a volume of 399 shares trading hands.

The business’s 50 day simple moving average is $14.51.

The firm also recently declared a monthly dividend, which was paid on Thursday, August 1st. Shareholders of record on Monday, July 15th were paid a $0.04 dividend. The ex-dividend date was Friday, July 12th. This represents a $0.48 annualized dividend and a yield of 3.28%.

A hedge fund recently raised its stake in BlackRock Muni New York Intr. Dur. Fnd. stock. Thomas J. Herzfeld Advisors Inc. lifted its position in shares of BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE) by 3,750.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,850 shares of the investment management company’s stock after purchasing an additional 3,750 shares during the period. Thomas J. Herzfeld Advisors Inc.’s holdings in BlackRock Muni New York Intr. Dur. Fnd. were worth $52,000 at the end of the most recent quarter.

About BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE)

BlackRock Muni New York Intermediate Duration Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes and with a duration of three to ten years at the time of investment.

Featured Story: How are Outstanding Shares Different from Authorized Shares?

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