BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) Shares Sold by Mackay Shields LLC

Mackay Shields LLC lessened its stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 0.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,194,054 shares of the financial services provider’s stock after selling 1,722 shares during the quarter. Mackay Shields LLC owned 3.95% of BlackRock MuniHoldings New York Quality Fund worth $12,347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Sanctuary Advisors LLC acquired a new position in BlackRock MuniHoldings New York Quality Fund in the 3rd quarter worth about $122,000. Stephens Inc. AR acquired a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter worth about $166,000. Dakota Wealth Management raised its holdings in BlackRock MuniHoldings New York Quality Fund by 51.7% in the 4th quarter. Dakota Wealth Management now owns 25,622 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 8,728 shares during the period. Breakwater Capital Group acquired a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter worth about $271,000. Finally, Wolverine Asset Management LLC raised its holdings in BlackRock MuniHoldings New York Quality Fund by 4,029.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 36,672 shares during the period. Institutional investors and hedge funds own 28.22% of the company’s stock.

BlackRock MuniHoldings New York Quality Fund Stock Up 0.4 %

NYSE MHN opened at $10.49 on Friday. BlackRock MuniHoldings New York Quality Fund, Inc. has a twelve month low of $10.18 and a twelve month high of $11.20. The stock has a 50-day moving average of $10.44 and a 200 day moving average of $10.71.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.0515 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.62 annualized dividend and a yield of 5.89%.

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.