BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Position Trimmed by Dakota Wealth Management

Dakota Wealth Management cut its holdings in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 8.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,400 shares of the financial services provider’s stock after selling 2,222 shares during the quarter. Dakota Wealth Management owned approximately 0.08% of BlackRock MuniHoldings New York Quality Fund worth $238,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MHN. Bank of America Corp DE lifted its position in shares of BlackRock MuniHoldings New York Quality Fund by 49.9% during the 4th quarter. Bank of America Corp DE now owns 442,732 shares of the financial services provider’s stock valued at $4,578,000 after acquiring an additional 147,361 shares during the period. Generation Capital Management LLC bought a new position in BlackRock MuniHoldings New York Quality Fund in the fourth quarter worth approximately $119,000. Guggenheim Capital LLC lifted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 4.9% in the fourth quarter. Guggenheim Capital LLC now owns 619,360 shares of the financial services provider’s stock valued at $6,404,000 after purchasing an additional 28,694 shares in the last quarter. Broyhill Asset Management purchased a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the fourth quarter valued at approximately $253,000. Finally, Raymond James Financial Inc. purchased a new stake in BlackRock MuniHoldings New York Quality Fund in the fourth quarter worth $1,058,000. Institutional investors own 28.22% of the company’s stock.

BlackRock MuniHoldings New York Quality Fund Price Performance

NYSE MHN opened at $9.62 on Friday. The stock has a 50-day moving average of $9.79 and a 200-day moving average of $10.09. BlackRock MuniHoldings New York Quality Fund, Inc. has a 1-year low of $9.52 and a 1-year high of $11.20.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be issued a dividend of $0.0515 per share. The ex-dividend date is Tuesday, July 15th. This represents a $0.62 dividend on an annualized basis and a yield of 6.42%.

About BlackRock MuniHoldings New York Quality Fund

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.