Integrated Advisors Network LLC Acquires New Shares in BlackRock MuniYield New York Quality Fund, Inc. $MYN

Integrated Advisors Network LLC bought a new stake in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 71,015 shares of the investment management company’s stock, valued at approximately $682,000. Integrated Advisors Network LLC owned 0.08% of BlackRock MuniYield New York Quality Fund at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. United Financial Planning Group LLC acquired a new stake in shares of BlackRock MuniYield New York Quality Fund during the third quarter worth $35,000. Elyxium Wealth LLC acquired a new position in BlackRock MuniYield New York Quality Fund during the fourth quarter valued at approximately $42,000. Fort Point Capital Partners LLC acquired a new stake in shares of BlackRock MuniYield New York Quality Fund in the 3rd quarter valued at approximately $101,000. Readystate Asset Management LP acquired a new stake in BlackRock MuniYield New York Quality Fund in the fourth quarter valued at $122,000. Finally, HRT Financial LP acquired a new stake in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at about $136,000. Institutional investors own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Price Performance

MYN stock opened at $10.12 on Friday. The business’s 50 day simple moving average is $10.00 and its 200 day simple moving average is $9.97. BlackRock MuniYield New York Quality Fund, Inc. has a 1-year low of $9.12 and a 1-year high of $10.26.

BlackRock MuniYield New York Quality Fund Dividend Announcement

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

BlackRock MuniYield New York Quality Fund Company 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.