Commonwealth Equity Services LLC lowered its stake in shares of BlackRock New York Municipal Income Trust (NYSE:BNY – Free Report) by 11.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 25,722 shares of the financial services provider’s stock after selling 3,377 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock New York Municipal Income Trust were worth $275,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of BNY. Focused Wealth Management Inc boosted its position in BlackRock New York Municipal Income Trust by 6.4% during the first quarter. Focused Wealth Management Inc now owns 117,638 shares of the financial services provider’s stock worth $1,247,000 after purchasing an additional 7,114 shares in the last quarter. Joel Isaacson & Co. LLC purchased a new position in BlackRock New York Municipal Income Trust during the first quarter worth approximately $450,000. Tidal Investments LLC boosted its position in BlackRock New York Municipal Income Trust by 8.5% during the first quarter. Tidal Investments LLC now owns 31,252 shares of the financial services provider’s stock worth $331,000 after purchasing an additional 2,454 shares in the last quarter. Finally, ORG Partners LLC purchased a new position in BlackRock New York Municipal Income Trust during the first quarter worth approximately $244,000.
BlackRock New York Municipal Income Trust Trading Up 0.4 %
Shares of BNY stock opened at $11.03 on Wednesday. The business’s 50 day moving average is $10.80 and its two-hundred day moving average is $10.67. BlackRock New York Municipal Income Trust has a 12-month low of $8.60 and a 12-month high of $11.05.
BlackRock New York Municipal Income Trust Announces Dividend
BlackRock New York Municipal Income Trust Profile
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.
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