Wolverine Asset Management LLC Reduces Stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Wolverine Asset Management LLC lowered its stake in shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 26.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,819 shares of the financial services provider’s stock after selling 9,763 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock MuniHoldings New York Quality Fund were worth $288,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of MHN. Sanctuary Advisors LLC purchased a new stake in BlackRock MuniHoldings New York Quality Fund in the third quarter worth $122,000. Stephens Inc. AR bought a new position in shares of BlackRock MuniHoldings New York Quality Fund during the 4th quarter worth $166,000. Dakota Wealth Management increased its holdings in BlackRock MuniHoldings New York Quality Fund by 51.7% in the 4th quarter. Dakota Wealth Management now owns 25,622 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 8,728 shares during the last quarter. Breakwater Capital Group bought a new stake in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at about $271,000. Finally, Focused Wealth Management Inc raised its stake in BlackRock MuniHoldings New York Quality Fund by 20.4% in the 4th quarter. Focused Wealth Management Inc now owns 97,261 shares of the financial services provider’s stock valued at $1,006,000 after acquiring an additional 16,482 shares during the period. Institutional investors own 28.22% of the company’s stock.

BlackRock MuniHoldings New York Quality Fund Trading Up 0.4 %

Shares of NYSE:MHN opened at $10.49 on Monday. The company has a 50-day moving average price of $10.44 and a two-hundred day moving average price of $10.71. BlackRock MuniHoldings New York Quality Fund, Inc. has a twelve month low of $10.18 and a twelve month high of $11.20.

BlackRock MuniHoldings New York Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.0515 dividend. This represents a $0.62 annualized dividend and a yield of 5.89%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock MuniHoldings New York Quality Fund Company Profile

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.