Bridgewater Advisors Inc. Makes New Investment in BlackRock MuniHoldings New York Quality Fund, Inc. $MHN

Bridgewater Advisors Inc. bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 31,612 shares of the financial services provider’s stock, valued at approximately $299,000. Bridgewater Advisors Inc. owned about 0.10% of BlackRock MuniHoldings New York Quality Fund at the end of the most recent quarter.

Separately, PNC Financial Services Group Inc. raised its holdings in BlackRock MuniHoldings New York Quality Fund by 32.6% in the first quarter. PNC Financial Services Group Inc. now owns 98,763 shares of the financial services provider’s stock valued at $1,002,000 after acquiring an additional 24,300 shares in the last quarter. 28.22% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New York Quality Fund Trading Up 0.6%

NYSE MHN opened at $10.33 on Wednesday. BlackRock MuniHoldings New York Quality Fund, Inc. has a 12 month low of $9.39 and a 12 month high of $10.99. The company’s fifty day moving average price is $10.20 and its two-hundred day moving average price is $9.90.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be given a dividend of $0.0515 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) annualized dividend and a dividend yield of 6.0%.

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.