Wolverine Asset Management LLC Sells 9,763 Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Wolverine Asset Management LLC trimmed its position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) by 26.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,819 shares of the financial services provider’s stock after selling 9,763 shares during the period. Wolverine Asset Management LLC owned approximately 0.09% of BlackRock MuniHoldings New York Quality Fund worth $288,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rivernorth Capital Management LLC grew its stake in BlackRock MuniHoldings New York Quality Fund by 38.7% in the third quarter. Rivernorth Capital Management LLC now owns 1,070,573 shares of the financial services provider’s stock valued at $11,948,000 after acquiring an additional 298,947 shares during the period. Breakwater Capital Group bought a new position in shares of BlackRock MuniHoldings New York Quality Fund in the 4th quarter worth $271,000. Focused Wealth Management Inc lifted its holdings in shares of 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 worth $1,006,000 after purchasing an additional 16,482 shares in the last quarter. Stephens Inc. AR acquired a new stake in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at $166,000. Finally, Sanctuary Advisors LLC bought a new stake in BlackRock MuniHoldings New York Quality Fund during the 3rd quarter valued at $122,000. 28.22% of the stock is owned by institutional investors.

BlackRock MuniHoldings New York Quality Fund Stock Performance

MHN opened at $10.49 on Monday. BlackRock MuniHoldings New York Quality Fund, Inc. has a 1-year low of $10.18 and a 1-year high of $11.20. The company’s fifty day moving average price is $10.44 and its two-hundred day moving average price is $10.71.

BlackRock MuniHoldings New York Quality Fund Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Friday, February 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.89%.

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.