Sanctuary Advisors LLC Sells 1,590 Shares of BlackRock New York Municipal Income Trust (NYSE:BNY)

Sanctuary Advisors LLC lowered its holdings in shares of BlackRock New York Municipal Income Trust (NYSE:BNY) by 9.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,813 shares of the financial services provider’s stock after selling 1,590 shares during the period. Sanctuary Advisors LLC’s holdings in BlackRock New York Municipal Income Trust were worth $154,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Rivernorth Capital Management LLC raised its stake in shares of BlackRock New York Municipal Income Trust by 46.1% in the third quarter. Rivernorth Capital Management LLC now owns 333,170 shares of the financial services provider’s stock worth $3,665,000 after purchasing an additional 105,187 shares during the last quarter. Focused Wealth Management Inc boosted its position in shares of BlackRock New York Municipal Income Trust by 0.8% in the third quarter. Focused Wealth Management Inc now owns 118,483 shares of the financial services provider’s stock valued at $1,303,000 after acquiring an additional 978 shares during the period. Whitebox Advisors LLC boosted its position in shares of BlackRock New York Municipal Income Trust by 9.4% in the third quarter. Whitebox Advisors LLC now owns 82,517 shares of the financial services provider’s stock valued at $908,000 after acquiring an additional 7,084 shares during the period. Rockefeller Capital Management L.P. purchased a new position in BlackRock New York Municipal Income Trust during the third quarter valued at approximately $598,000. Finally, Wolverine Asset Management LLC increased its holdings in 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 period.

BlackRock New York Municipal Income Trust Price Performance

Shares of NYSE:BNY opened at $10.57 on Thursday. The firm has a fifty day moving average price of $10.39 and a two-hundred day moving average price of $10.62. BlackRock New York Municipal Income Trust has a one year low of $10.05 and a one year high of $11.10.

BlackRock New York Municipal Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a yield of 5.79%. The ex-dividend date is Friday, March 14th.

BlackRock New York Municipal Income Trust Company 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.