BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN – Get Rating) by 52.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,640 shares of the investment management company’s stock after selling 13,000 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock MuniYield New York Quality Fund were worth $114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. increased its holdings in BlackRock MuniYield New York Quality Fund by 32.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 19,967 shares of the investment management company’s stock valued at $242,000 after buying an additional 4,939 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of BlackRock MuniYield New York Quality Fund by 11.8% in the 1st quarter. Bank of New York Mellon Corp now owns 16,849 shares of the investment management company’s stock worth $203,000 after acquiring an additional 1,774 shares during the period. NewEdge Advisors LLC increased its stake in BlackRock MuniYield New York Quality Fund by 13.7% in the 1st quarter. NewEdge Advisors LLC now owns 14,150 shares of the investment management company’s stock valued at $171,000 after purchasing an additional 1,700 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new position in BlackRock MuniYield New York Quality Fund during the first quarter worth $610,000. Finally, Guggenheim Capital LLC grew its holdings in BlackRock MuniYield New York Quality Fund by 9.5% in the first quarter. Guggenheim Capital LLC now owns 443,825 shares of the investment management company’s stock valued at $5,370,000 after purchasing an additional 38,503 shares during the last quarter. 15.29% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield New York Quality Fund Price Performance

NYSE:MYN opened at $10.08 on Friday. BlackRock MuniYield New York Quality Fund, Inc. has a 52-week low of $8.89 and a 52-week high of $11.49. The stock has a fifty day simple moving average of $10.03 and a 200-day simple moving average of $9.96.

BlackRock MuniYield New York Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Monday, May 15th will be given a dividend of $0.0315 per share. This represents a $0.38 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Friday, May 12th.

About BlackRock MuniYield New York Quality Fund

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BlackRock MuniYield New York Quality Fund, Inc is a closed-ended fixed income mutual fund. The company’s investment objective is to provide shareholders with a high level of current income exempt from federal taxes and New York state and New York city personal income taxes. The company was founded on March 16, 1992 and is headquartered in Wilmington, DE.