Wolverine Asset Management LLC Makes New $335,000 Investment in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) in the 3rd quarter, Holdings Channel reports. The fund purchased 31,046 shares of the investment management company’s stock, valued at approximately $335,000.

Several other institutional investors have also recently made changes to their positions in the business. Joseph P. Lucia & Associates LLC bought a new stake in BlackRock MuniYield New York Quality Fund during the second quarter valued at approximately $121,000. TIAA Trust National Association boosted its stake in shares of BlackRock MuniYield New York Quality Fund by 20.7% during the 2nd quarter. TIAA Trust National Association now owns 12,821 shares of the investment management company’s stock worth $134,000 after acquiring an additional 2,200 shares during the last quarter. Joel Isaacson & Co. LLC boosted its stake in shares of BlackRock MuniYield New York Quality Fund by 27.9% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 22,360 shares of the investment management company’s stock worth $241,000 after acquiring an additional 4,877 shares during the last quarter. Tidal Investments LLC grew its position in shares of 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, Breakwater Capital Group increased its stake in shares of BlackRock MuniYield New York Quality Fund by 46.0% in the 2nd quarter. Breakwater Capital Group now owns 37,502 shares of the investment management company’s stock worth $393,000 after purchasing an additional 11,809 shares in the last quarter. Institutional investors own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Trading Down 0.7 %

NYSE MYN opened at $10.28 on Thursday. The business’s fifty day moving average is $10.58 and its 200 day moving average is $10.48. BlackRock MuniYield New York Quality Fund, Inc. has a fifty-two week low of $9.27 and a fifty-two week high of $10.87.

BlackRock MuniYield New York Quality Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.0512 per share. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date of this dividend is Friday, November 15th.

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.