Wells Fargo & Company MN Sells 22,200 Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Wells Fargo & Company MN cut its stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 46.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,753 shares of the financial services provider’s stock after selling 22,200 shares during the quarter. Wells Fargo & Company MN owned about 0.09% of BlackRock MuniHoldings New York Quality Fund worth $266,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the 4th quarter worth about $1,058,000. Stephens Inc. AR purchased a new position in shares of BlackRock MuniHoldings New York Quality Fund during the fourth quarter valued at approximately $166,000. LPL Financial LLC boosted its position in shares of BlackRock MuniHoldings New York Quality Fund by 20.7% during the fourth quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider’s stock valued at $260,000 after buying an additional 4,301 shares during the period. Breakwater Capital Group bought a new position in shares of BlackRock MuniHoldings New York Quality Fund during the fourth quarter valued at approximately $271,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 24.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 74,463 shares of the financial services provider’s stock worth $770,000 after buying an additional 14,463 shares during the period. 28.22% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Performance

MHN opened at $10.02 on Wednesday. The business has a fifty day moving average of $10.08 and a 200 day moving average of $10.41. BlackRock MuniHoldings New York Quality Fund, Inc. has a 52-week low of $9.52 and a 52-week high of $11.20.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a $0.0515 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date of this dividend is Thursday, May 15th.

BlackRock MuniHoldings New York Quality Fund Company Profile

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.