Joel Isaacson & Co. LLC Grows Stock Position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Joel Isaacson & Co. LLC boosted its position in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 27.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,360 shares of the investment management company’s stock after buying an additional 4,877 shares during the quarter. Joel Isaacson & Co. LLC owned 0.06% of BlackRock MuniYield New York Quality Fund worth $241,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC grew its holdings in BlackRock MuniYield New York Quality Fund by 1.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 100,736 shares of the investment management company’s stock valued at $1,060,000 after purchasing an additional 1,101 shares during the last quarter. TIAA Trust National Association raised its holdings in shares of BlackRock MuniYield New York Quality Fund by 20.7% in the second quarter. TIAA Trust National Association now owns 12,821 shares of the investment management company’s stock worth $134,000 after buying an additional 2,200 shares during the period. Breakwater Capital Group lifted its stake in shares of BlackRock MuniYield New York Quality Fund by 68.2% during the 1st quarter. Breakwater Capital Group now owns 25,693 shares of the investment management company’s stock worth $270,000 after acquiring an additional 10,417 shares during the last quarter. Tidal Investments LLC boosted its holdings in BlackRock MuniYield New York Quality Fund by 6.1% during the 1st quarter. Tidal Investments LLC now owns 30,897 shares of the investment management company’s stock valued at $325,000 after acquiring an additional 1,777 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its position in BlackRock MuniYield New York Quality Fund by 0.6% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 681,556 shares of the investment management company’s stock valued at $7,136,000 after acquiring an additional 4,020 shares during the last quarter. Institutional investors own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Trading Up 0.8 %

NYSE:MYN opened at $10.39 on Friday. BlackRock MuniYield New York Quality Fund, Inc. has a twelve month low of $8.47 and a twelve month high of $10.87. The stock has a fifty day simple moving average of $10.61 and a 200-day simple moving average of $10.46.

BlackRock MuniYield New York Quality Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.0512 per share. This is a positive change from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04. The ex-dividend date is Tuesday, October 15th. This represents a $0.61 dividend on an annualized basis and a yield of 5.91%.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield 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 a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.