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

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)’s share price passed 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.

BlackRock MuniHoldings New York Quality Fund Stock Performance

The business’s 50 day simple moving average is $10.54 and its 200-day simple moving average is $10.20.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a $0.0435 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.12%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in MHN. Blue Bell Private Wealth Management LLC bought a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at approximately $31,000. Brown Brothers Harriman & Co. bought a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at approximately $69,000. Simon Quick Advisors LLC bought a new position in BlackRock MuniHoldings New York Quality Fund in the 3rd quarter valued at approximately $112,000. Fort Point Capital Partners LLC raised its holdings in BlackRock MuniHoldings New York Quality Fund by 102.9% in the 3rd quarter. Fort Point Capital Partners LLC now owns 36,216 shares of the financial services provider’s stock valued at $331,000 after buying an additional 18,370 shares during the last quarter. Finally, Shufro Rose & Co. LLC raised its holdings in BlackRock MuniHoldings New York Quality Fund by 24.4% in the 3rd quarter. Shufro Rose & Co. LLC now owns 38,200 shares of the financial services provider’s stock valued at $349,000 after buying an additional 7,500 shares during the last quarter. 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.