Ashton Thomas Securities LLC Trims Stake in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Ashton Thomas Securities LLC lessened its position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 85,500 shares of the investment management company’s stock after selling 7,500 shares during the quarter. Ashton Thomas Securities LLC’s holdings in BlackRock MuniYield New York Quality Fund were worth $862,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MYN. Allspring Global Investments Holdings LLC lifted its stake in BlackRock MuniYield New York Quality Fund by 43.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 462,824 shares of the investment management company’s stock worth $4,665,000 after purchasing an additional 140,674 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter worth approximately $577,000. Breakwater Capital Group lifted its stake in shares of BlackRock MuniYield New York Quality Fund by 17.8% during the 4th quarter. Breakwater Capital Group now owns 55,377 shares of the investment management company’s stock worth $558,000 after acquiring an additional 8,374 shares during the last quarter. LPL Financial LLC boosted its holdings in BlackRock MuniYield New York Quality Fund by 26.1% during the 4th quarter. LPL Financial LLC now owns 53,448 shares of the investment management company’s stock valued at $539,000 after acquiring an additional 11,071 shares during the period. Finally, Landscape Capital Management L.L.C. grew its position in BlackRock MuniYield New York Quality Fund by 154.6% in the 3rd 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 during the last quarter. 29.32% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Price Performance

Shares of MYN opened at $10.02 on Tuesday. The firm has a fifty day moving average price of $10.14 and a 200-day moving average price of $10.34. BlackRock MuniYield New York Quality Fund, Inc. has a 12-month low of $9.81 and a 12-month high of $10.87.

BlackRock MuniYield New York Quality Fund Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.0512 dividend. This represents a $0.61 annualized dividend and a dividend yield of 6.13%. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04. The ex-dividend date is Friday, March 14th.

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.