Fiera Capital Corp Acquires New Holdings in BlackRock MuniYield New York Quality Fund, Inc. $MYN

Fiera Capital Corp bought a new position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 288,178 shares of the investment management company’s stock, valued at approximately $2,856,000.

Several other large investors have also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. raised its position in shares of BlackRock MuniYield New York Quality Fund by 44.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 538,416 shares of the investment management company’s stock worth $5,336,000 after buying an additional 164,844 shares in the last quarter. City of London Investment Management Co. Ltd. bought a new position in BlackRock MuniYield New York Quality Fund in the 3rd quarter worth about $1,120,000. United Financial Planning Group LLC bought a new position in BlackRock MuniYield New York Quality Fund in the 3rd quarter worth about $35,000. Royal Bank of Canada raised its holdings in shares of BlackRock MuniYield New York Quality Fund by 268.6% in the 1st quarter. Royal Bank of Canada now owns 274,458 shares of the investment management company’s stock valued at $2,725,000 after acquiring an additional 200,000 shares in the last quarter. Finally, Fort Point Capital Partners LLC bought a new stake in shares of BlackRock MuniYield New York Quality Fund during the 3rd quarter valued at about $101,000. 29.32% of the stock is owned by institutional investors.

BlackRock MuniYield New York Quality Fund Price Performance

Shares of NYSE MYN opened at $10.03 on Wednesday. The business has a 50-day moving average of $9.88 and a 200-day moving average of $9.96. BlackRock MuniYield New York Quality Fund, Inc. has a 12 month low of $9.12 and a 12 month high of $10.26.

BlackRock MuniYield New York Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.0512 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

BlackRock MuniYield New York Quality Fund Profile

BlackRock MuniYield New York Quality Fund (NYSE: MYN) is a diversified, closed-end management investment company that seeks to deliver current income exempt from federal and New York State income taxes. The fund primarily invests in a portfolio of municipal securities, with an emphasis on investment-grade obligations issued by entities located within New York State.

The fund’s investment strategy focuses on long-term, tax-exempt income by allocating assets to general obligation bonds, revenue bonds, and other municipal debt instruments rated in the upper tiers of the major credit rating agencies.