BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Shares Acquired by Breakwater Capital Group

Breakwater Capital Group lifted its stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 68.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,693 shares of the investment management company’s stock after buying an additional 10,417 shares during the quarter. Breakwater Capital Group owned 0.07% of BlackRock MuniYield New York Quality Fund worth $270,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MYN. Mackay Shields LLC boosted its holdings in BlackRock MuniYield New York Quality Fund by 49.9% in the fourth quarter. Mackay Shields LLC now owns 814,624 shares of the investment management company’s stock valued at $8,415,000 after purchasing an additional 271,029 shares during the last quarter. Robinson Capital Management LLC grew its position in shares of BlackRock MuniYield New York Quality Fund by 169.8% during the fourth quarter. Robinson Capital Management LLC now owns 260,041 shares of the investment management company’s stock worth $2,684,000 after buying an additional 163,669 shares in the last quarter. AQR Arbitrage LLC increased its stake in shares of BlackRock MuniYield New York Quality Fund by 47.0% in the third quarter. AQR Arbitrage LLC now owns 256,203 shares of the investment management company’s stock worth $2,270,000 after buying an additional 81,908 shares during the last quarter. Karpus Management Inc. boosted its stake in BlackRock MuniYield New York Quality Fund by 6.0% during the 4th quarter. Karpus Management Inc. now owns 1,032,621 shares of the investment management company’s stock valued at $10,667,000 after acquiring an additional 58,786 shares during the last quarter. Finally, Tortoise Investment Management LLC boosted its stake in BlackRock MuniYield New York Quality Fund by 74.3% during the 4th quarter. Tortoise Investment Management LLC now owns 97,373 shares of the investment management company’s stock valued at $1,006,000 after acquiring an additional 41,501 shares during the last quarter. 29.32% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield New York Quality Fund Stock Performance

Shares of BlackRock MuniYield New York Quality Fund stock opened at $10.47 on Monday. BlackRock MuniYield New York Quality Fund, Inc. has a 1 year low of $8.47 and a 1 year high of $10.62. The firm’s 50-day simple moving average is $10.33 and its 200-day simple moving average is $10.34.

BlackRock MuniYield New York Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be issued a dividend of $0.0442 per share. This represents a $0.53 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date is Friday, June 14th.

BlackRock MuniYield New York Quality Fund 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.