Dakota Wealth Management Acquires 8,728 Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Dakota Wealth Management increased its holdings in shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 51.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 25,622 shares of the financial services provider’s stock after purchasing an additional 8,728 shares during the period. Dakota Wealth Management owned 0.08% of BlackRock MuniHoldings New York Quality Fund worth $265,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of MHN. Whitebox Advisors LLC boosted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 5.7% during the third quarter. Whitebox Advisors LLC now owns 147,993 shares of the financial services provider’s stock worth $1,652,000 after acquiring an additional 8,020 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the third quarter worth approximately $122,000. Breakwater Capital Group bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the fourth quarter worth approximately $271,000. Wolverine Asset Management LLC boosted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 4,029.9% during the third quarter. Wolverine Asset Management LLC now owns 37,582 shares of the financial services provider’s stock worth $419,000 after acquiring an additional 36,672 shares during the period. Finally, Rivernorth Capital Management LLC boosted its holdings in shares of BlackRock MuniHoldings New York Quality Fund by 38.7% during the third quarter. Rivernorth Capital Management LLC now owns 1,070,573 shares of the financial services provider’s stock worth $11,948,000 after acquiring an additional 298,947 shares during the period. Institutional investors own 28.22% of the company’s stock.

BlackRock MuniHoldings New York Quality Fund Stock Performance

Shares of NYSE:MHN opened at $10.37 on Monday. BlackRock MuniHoldings New York Quality Fund, Inc. has a 12-month low of $10.18 and a 12-month high of $11.20. The business has a 50 day moving average of $10.57 and a 200-day moving average of $10.75.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.0515 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date of this dividend is Wednesday, January 15th.

About BlackRock MuniHoldings New York Quality Fund

BlackRock MuniHoldings 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 investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.