Allspring Global Investments Holdings LLC Sells 1,625 Shares of BlackRock MuniYield New York Quality Fund, Inc. $MYN

Allspring Global Investments Holdings LLC decreased its holdings in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 444,210 shares of the investment management company’s stock after selling 1,625 shares during the period. Allspring Global Investments Holdings LLC owned approximately 1.16% of BlackRock MuniYield New York Quality Fund worth $4,233,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MYN. Mackay Shields LLC raised its position in shares of BlackRock MuniYield New York Quality Fund by 22.3% during the 1st quarter. Mackay Shields LLC now owns 1,146,355 shares of the investment management company’s stock valued at $11,383,000 after acquiring an additional 208,831 shares during the last quarter. Royal Bank of Canada raised its position in shares of BlackRock MuniYield New York Quality Fund by 268.6% during the 1st quarter. Royal Bank of Canada now owns 274,458 shares of the investment management company’s stock valued at $2,725,000 after acquiring an additional 200,000 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of BlackRock MuniYield New York Quality Fund during the 1st quarter valued at $780,000. Dakota Wealth Management bought a new stake in shares of BlackRock MuniYield New York Quality Fund during the 1st quarter valued at $337,000. Finally, Private Advisor Group LLC bought a new stake in shares of BlackRock MuniYield New York Quality Fund during the 1st quarter valued at $218,000. Institutional investors own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Stock Performance

MYN opened at $10.20 on Tuesday. BlackRock MuniYield New York Quality Fund, Inc. has a 12 month low of $9.12 and a 12 month high of $10.72. The company has a fifty day simple moving average of $9.72 and a 200 day simple moving average of $9.57.

BlackRock MuniYield New York Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Wednesday, October 15th will be given a $0.0512 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield 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 a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.