Logan Stone Capital LLC Decreases Stake in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Logan Stone Capital LLC reduced its position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 89.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,433 shares of the investment management company’s stock after selling 248,382 shares during the period. Logan Stone Capital LLC owned approximately 0.08% of BlackRock MuniYield New York Quality Fund worth $307,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arnhold LLC boosted its position in BlackRock MuniYield New York Quality Fund by 8.9% in the 4th quarter. Arnhold LLC now owns 40,400 shares of the investment management company’s stock valued at $407,000 after buying an additional 3,300 shares during the last quarter. Breakwater Capital Group boosted its position in BlackRock MuniYield New York Quality Fund by 17.8% in the 4th quarter. Breakwater Capital Group now owns 55,377 shares of the investment management company’s stock valued at $558,000 after buying an additional 8,374 shares during the last quarter. Joseph P. Lucia & Associates LLC boosted its position in BlackRock MuniYield New York Quality Fund by 81.0% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 20,963 shares of the investment management company’s stock valued at $211,000 after buying an additional 9,380 shares during the last quarter. Citadel Advisors LLC purchased a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at about $106,000. Finally, LPL Financial LLC boosted its position in BlackRock MuniYield New York Quality Fund by 26.1% in the 4th quarter. LPL Financial LLC now owns 53,448 shares of the investment management company’s stock valued at $539,000 after buying an additional 11,071 shares during the last quarter. 29.32% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Stock Up 0.3%

Shares of MYN stock opened at $9.74 on Monday. BlackRock MuniYield New York Quality Fund, Inc. has a one year low of $9.21 and a one year high of $10.87. The company’s 50-day simple moving average is $9.78 and its 200-day simple moving average is $10.10.

BlackRock MuniYield 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 given a dividend of $0.0512 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.61 annualized dividend and a dividend yield of 6.31%.

BlackRock MuniYield New York Quality Fund Company Profile

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.