BlackRock MuniYield New York Insured Fnd (NYSE:MYN) Shares Cross Above 200 Day Moving Average of $0.00

BlackRock MuniYield New York Insured Fnd (NYSE:MYN)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $12.85. BlackRock MuniYield New York Insured Fnd shares last traded at $12.85, with a volume of 900 shares changing hands.

The firm’s 50-day moving average is $12.70.

The company also recently disclosed a monthly dividend, which was paid on Monday, July 1st. Shareholders of record on Friday, June 14th were given a $0.0425 dividend. This represents a $0.51 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date was Thursday, June 13th.

Several large investors have recently made changes to their positions in MYN. LPL Financial LLC increased its holdings in BlackRock MuniYield New York Insured Fnd by 18.8% during the 4th quarter. LPL Financial LLC now owns 40,571 shares of the investment management company’s stock valued at $467,000 after purchasing an additional 6,426 shares during the period. Raymond James & Associates grew its position in shares of BlackRock MuniYield New York Insured Fnd by 47.9% in the 4th quarter. Raymond James & Associates now owns 17,917 shares of the investment management company’s stock valued at $206,000 after buying an additional 5,801 shares during the last quarter. Bank of America Corp DE grew its position in shares of BlackRock MuniYield New York Insured Fnd by 98.5% in the 4th quarter. Bank of America Corp DE now owns 644,948 shares of the investment management company’s stock valued at $7,430,000 after buying an additional 320,091 shares during the last quarter. MML Investors Services LLC grew its position in shares of BlackRock MuniYield New York Insured Fnd by 10.1% in the 4th quarter. MML Investors Services LLC now owns 25,270 shares of the investment management company’s stock valued at $291,000 after buying an additional 2,315 shares during the last quarter. Finally, Karpus Management Inc. grew its position in shares of BlackRock MuniYield New York Insured Fnd by 150.6% in the 4th quarter. Karpus Management Inc. now owns 1,112,253 shares of the investment management company’s stock valued at $12,813,000 after buying an additional 668,451 shares during the last quarter. 14.95% of the stock is currently owned by institutional investors.

BlackRock MuniYield New York Insured Fnd Company Profile (NYSE:MYN)

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.

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