Blackrock Muniholdings New York Qulty Fd (NYSE:MHN) Shares Sold by Robinson Capital Management LLC

Robinson Capital Management LLC trimmed its position in shares of Blackrock Muniholdings New York Qulty Fd (NYSE:MHN) by 19.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,893 shares of the financial services provider’s stock after selling 33,107 shares during the period. Robinson Capital Management LLC’s holdings in Blackrock Muniholdings New York Qulty Fd were worth $1,866,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MHN. Saba Capital Management L.P. grew its holdings in Blackrock Muniholdings New York Qulty Fd by 240.1% during the 3rd quarter. Saba Capital Management L.P. now owns 1,006,590 shares of the financial services provider’s stock valued at $13,700,000 after purchasing an additional 710,661 shares in the last quarter. Rivernorth Capital Management LLC grew its holdings in Blackrock Muniholdings New York Qulty Fd by 463.2% during the 3rd quarter. Rivernorth Capital Management LLC now owns 850,354 shares of the financial services provider’s stock valued at $11,573,000 after purchasing an additional 699,377 shares in the last quarter. Mackay Shields LLC acquired a new stake in Blackrock Muniholdings New York Qulty Fd during the 3rd quarter valued at $933,000. Excalibur Management Corp acquired a new stake in Blackrock Muniholdings New York Qulty Fd during the 4th quarter valued at $450,000. Finally, Morgan Stanley grew its holdings in Blackrock Muniholdings New York Qulty Fd by 3.6% during the 2nd quarter. Morgan Stanley now owns 483,008 shares of the financial services provider’s stock valued at $6,356,000 after purchasing an additional 16,990 shares in the last quarter. 22.50% of the stock is owned by institutional investors and hedge funds.

MHN traded down $0.04 during trading hours on Friday, reaching $14.11. 17,238 shares of the stock traded hands, compared to its average volume of 37,337. The firm’s fifty day simple moving average is $13.89 and its two-hundred day simple moving average is $13.65. Blackrock Muniholdings New York Qulty Fd has a fifty-two week low of $12.43 and a fifty-two week high of $14.35.

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 14th will be issued a dividend of $0.0445 per share. This represents a $0.53 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date is Thursday, February 13th.

About Blackrock Muniholdings New York Qulty Fd

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.

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Institutional Ownership by Quarter for Blackrock Muniholdings New York Qulty Fd (NYSE:MHN)

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