Stephens Inc. AR Acquires Shares of 16,011 BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Stephens Inc. AR bought a new position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,011 shares of the financial services provider’s stock, valued at approximately $166,000. Stephens Inc. AR owned 0.05% of BlackRock MuniHoldings New York Quality Fund at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Sanctuary Advisors LLC purchased a new position in BlackRock MuniHoldings New York Quality Fund in the 3rd quarter worth approximately $122,000. Dakota Wealth Management boosted its stake in shares of BlackRock MuniHoldings New York Quality Fund by 51.7% in the fourth quarter. Dakota Wealth Management now owns 25,622 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 8,728 shares during the period. Breakwater Capital Group purchased a new position in shares of BlackRock MuniHoldings New York Quality Fund in the fourth quarter valued at $271,000. Wolverine Asset Management LLC grew its holdings in BlackRock MuniHoldings New York Quality Fund by 4,029.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock valued at $419,000 after purchasing an additional 36,672 shares in the last quarter. Finally, Whitebox Advisors LLC increased its stake in BlackRock MuniHoldings New York Quality Fund by 5.7% during the 3rd quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider’s stock worth $1,652,000 after buying an additional 8,020 shares during the period. Institutional investors and hedge funds own 28.22% of the company’s stock.

BlackRock MuniHoldings New York Quality Fund Trading Up 0.8 %

Shares of MHN stock opened at $10.54 on Monday. The company’s fifty day moving average price is $10.48 and its two-hundred day moving average price is $10.72. BlackRock MuniHoldings New York Quality Fund, Inc. has a 12 month low of $10.18 and a 12 month high of $11.20.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.0515 dividend. This represents a $0.62 annualized dividend and a dividend yield of 5.86%. The ex-dividend date is Friday, February 14th.

BlackRock MuniHoldings New York Quality Fund Profile

BlackRock MuniHoldings 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 investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.