BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Stock Holdings Lessened by MML Investors Services LLC

MML Investors Services LLC reduced its stake in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 23.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,812 shares of the investment management company’s stock after selling 3,340 shares during the quarter. MML Investors Services LLC’s holdings in BlackRock MuniYield New York Quality Fund were worth $117,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TIAA Trust National Association grew its stake in 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 valued at $134,000 after purchasing an additional 2,200 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of BlackRock MuniYield New York Quality Fund by 3.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 103,876 shares of the investment management company’s stock valued at $1,088,000 after buying an additional 3,140 shares during the last quarter. Joel Isaacson & Co. LLC grew its stake in shares of BlackRock MuniYield New York Quality Fund by 27.9% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 22,360 shares of the investment management company’s stock valued at $241,000 after buying an additional 4,877 shares in the last quarter. Walleye Capital LLC acquired a new position in BlackRock MuniYield New York Quality Fund in the third quarter worth approximately $167,000. Finally, Landscape Capital Management L.L.C. raised its position in BlackRock MuniYield New York Quality Fund by 154.6% during the third quarter. Landscape Capital Management L.L.C. now owns 29,808 shares of the investment management company’s stock valued at $321,000 after acquiring an additional 18,098 shares in the last quarter. 29.32% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Trading Down 1.0 %

NYSE MYN opened at $10.02 on Friday. BlackRock MuniYield New York Quality Fund, Inc. has a 12-month low of $9.97 and a 12-month high of $10.87. The company has a 50 day moving average price of $10.37 and a two-hundred day moving average price of $10.49.

BlackRock MuniYield New York Quality Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.0512 dividend. This represents a $0.61 annualized dividend and a dividend yield of 6.13%. The ex-dividend date of this dividend is Monday, December 16th. This is a positive change from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04.

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.