Fiera Capital Corp Sells 19,517 Shares of BlackRock New York Municipal Income Trust (NYSE:BNY)

Fiera Capital Corp lessened its position in shares of BlackRock New York Municipal Income Trust (NYSE:BNY) by 6.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 293,832 shares of the financial services provider’s stock after selling 19,517 shares during the period. Fiera Capital Corp’s holdings in BlackRock New York Municipal Income Trust were worth $2,988,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers increased its holdings in shares of BlackRock New York Municipal Income Trust by 5.1% in the 1st quarter. Cetera Investment Advisers now owns 109,048 shares of the financial services provider’s stock worth $1,109,000 after buying an additional 5,282 shares during the last quarter. Focused Wealth Management Inc increased its holdings in shares of BlackRock New York Municipal Income Trust by 1.0% in the 1st quarter. Focused Wealth Management Inc now owns 111,453 shares of the financial services provider’s stock worth $1,133,000 after buying an additional 1,060 shares during the last quarter. Mackay Shields LLC increased its holdings in shares of BlackRock New York Municipal Income Trust by 34.8% in the 1st quarter. Mackay Shields LLC now owns 218,559 shares of the financial services provider’s stock worth $2,223,000 after buying an additional 56,373 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of BlackRock New York Municipal Income Trust by 7.6% in the 4th quarter. Baird Financial Group Inc. now owns 71,943 shares of the financial services provider’s stock worth $733,000 after buying an additional 5,090 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of BlackRock New York Municipal Income Trust by 16.4% in the 4th quarter. Ameriprise Financial Inc. now owns 51,287 shares of the financial services provider’s stock worth $523,000 after buying an additional 7,214 shares during the last quarter.

BlackRock New York Municipal Income Trust Price Performance

Shares of NYSE:BNY opened at $9.35 on Thursday. The company’s fifty day moving average price is $9.60 and its 200-day moving average price is $9.96. BlackRock New York Municipal Income Trust has a one year low of $9.30 and a one year high of $11.10.

BlackRock New York Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 15th will be paid a $0.051 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.55%.

About BlackRock New York Municipal Income Trust

BlackRock New York Municipal Income Trust 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 the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.