Post Resch Tallon Group Inc. Trims Stock Holdings in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Post Resch Tallon Group Inc. lowered its holdings in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 11.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,650 shares of the investment management company’s stock after selling 1,380 shares during the period. Post Resch Tallon Group Inc.’s holdings in BlackRock MuniYield New York Quality Fund were worth $106,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MYN. Citadel Advisors LLC bought a new position in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter worth $106,000. Tallon Kerry Patrick purchased a new stake in BlackRock MuniYield New York Quality Fund during the 4th quarter worth about $122,000. Atria Wealth Solutions Inc. purchased a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at about $128,000. Two Sigma Securities LLC purchased a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at about $161,000. Finally, Arnhold LLC increased its position in shares of BlackRock MuniYield New York Quality Fund by 8.9% during the fourth quarter. Arnhold LLC now owns 40,400 shares of the investment management company’s stock valued at $407,000 after buying an additional 3,300 shares during the period. 29.32% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Stock Performance

MYN stock opened at $9.42 on Monday. The firm has a 50 day moving average of $9.56 and a 200-day moving average of $9.91. BlackRock MuniYield New York Quality Fund, Inc. has a 12 month low of $9.21 and a 12 month high of $10.87.

BlackRock MuniYield New York Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a $0.0512 dividend. This represents a $0.61 annualized dividend and a yield of 6.53%. The ex-dividend date is Friday, June 13th.

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.