BlackRock MuniHoldings New York Quality Fund (NYSE:MHN) Stock Price Passes Below 200 Day Moving Average of $10.20

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $10.20 and traded as low as $10.18. BlackRock MuniHoldings New York Quality Fund shares last traded at $10.20, with a volume of 42,476 shares trading hands.

BlackRock MuniHoldings New York Quality Fund Stock Up 0.2 %

The company’s 50 day moving average is $10.53 and its 200 day moving average is $10.21.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a $0.0435 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.52 annualized dividend and a dividend yield of 5.11%.

Institutional Investors Weigh In On BlackRock MuniHoldings New York Quality Fund

Several hedge funds have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the fourth quarter worth approximately $31,000. Brown Brothers Harriman & Co. acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the fourth quarter worth approximately $69,000. Simon Quick Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the third quarter worth approximately $112,000. Fort Point Capital Partners LLC boosted its position in shares of BlackRock MuniHoldings New York Quality Fund by 102.9% in the third quarter. Fort Point Capital Partners LLC now owns 36,216 shares of the financial services provider’s stock worth $331,000 after acquiring an additional 18,370 shares during the last quarter. Finally, Shufro Rose & Co. LLC boosted its position in shares of BlackRock MuniHoldings New York Quality Fund by 24.4% in the third quarter. Shufro Rose & Co. LLC now owns 38,200 shares of the financial services provider’s stock worth $349,000 after acquiring an additional 7,500 shares during the last quarter. 28.22% of the stock is owned by institutional investors and hedge funds.

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.