Sanctuary Advisors LLC Has $173,000 Position in BlackRock New York Municipal Income Trust (NYSE:BNY)

Sanctuary Advisors LLC increased its holdings in shares of BlackRock New York Municipal Income Trust (NYSE:BNY) by 11.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,403 shares of the financial services provider’s stock after acquiring an additional 1,749 shares during the quarter. Sanctuary Advisors LLC’s holdings in BlackRock New York Municipal Income Trust were worth $173,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BNY. Pathway Financial Advisers LLC increased its holdings in shares of BlackRock New York Municipal Income Trust by 1,000.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 4,829 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 4,390 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new position in shares of BlackRock New York Municipal Income Trust during the 3rd quarter worth approximately $152,000. Horizon Kinetics Asset Management LLC acquired a new position in shares of BlackRock New York Municipal Income Trust during the 3rd quarter worth approximately $201,000. Blue Bell Private Wealth Management LLC increased its holdings in shares of BlackRock New York Municipal Income Trust by 3.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 42,446 shares of the financial services provider’s stock worth $455,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Wolverine Asset Management LLC increased its holdings in shares of BlackRock New York Municipal Income Trust by 43,133.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 43,233 shares of the financial services provider’s stock worth $476,000 after acquiring an additional 43,133 shares during the last quarter.

BlackRock New York Municipal Income Trust Price Performance

BNY stock opened at $10.18 on Tuesday. BlackRock New York Municipal Income Trust has a 1-year low of $10.05 and a 1-year high of $11.10. The business’s 50 day simple moving average is $10.58 and its 200 day simple moving average is $10.73.

BlackRock New York Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.051 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.61 annualized dividend and a yield of 6.01%.

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.