Blackrock Muniholdings New York Qulty Fd (NYSE:MHN) Stock Crosses Below 200-Day Moving Average of $13.40

Blackrock Muniholdings New York Qulty Fd (NYSE:MHN)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.40 and traded as low as $13.38. Blackrock Muniholdings New York Qulty Fd shares last traded at $13.38, with a volume of 100 shares traded.

The company has a 50-day simple moving average of $13.51 and a 200 day simple moving average of $13.41.

Institutional investors have recently added to or reduced their stakes in the business. Mackay Shields LLC acquired a new position in shares of Blackrock Muniholdings New York Qulty Fd during the 3rd quarter worth approximately $933,000. Karpus Management Inc. raised its stake in shares of Blackrock Muniholdings New York Qulty Fd by 18.7% during the 3rd quarter. Karpus Management Inc. now owns 2,278,823 shares of the financial services provider’s stock worth $31,015,000 after buying an additional 358,937 shares during the period. Robinson Capital Management LLC raised its stake in shares of Blackrock Muniholdings New York Qulty Fd by 70.0% during the 3rd quarter. Robinson Capital Management LLC now owns 170,000 shares of the financial services provider’s stock worth $2,332,000 after buying an additional 70,000 shares during the period. Royal Bank of Canada raised its stake in shares of Blackrock Muniholdings New York Qulty Fd by 4.2% during the 2nd quarter. Royal Bank of Canada now owns 130,876 shares of the financial services provider’s stock worth $1,722,000 after buying an additional 5,284 shares during the period. Finally, Family Management Corp raised its stake in shares of Blackrock Muniholdings New York Qulty Fd by 103.2% during the 2nd quarter. Family Management Corp now owns 57,153 shares of the financial services provider’s stock worth $752,000 after buying an additional 29,025 shares during the period. Institutional investors and hedge funds own 24.21% of the company’s stock.

Blackrock Muniholdings New York Qulty Fd Company Profile (NYSE:MHN)

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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