Royal Bank of Canada Buys 5,284 Shares of Blackrock Muniholdings New York Qulty Fd (NYSE:MHN)

Royal Bank of Canada boosted its holdings in Blackrock Muniholdings New York Qulty Fd (NYSE:MHN) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 130,876 shares of the financial services provider’s stock after buying an additional 5,284 shares during the period. Royal Bank of Canada owned 0.42% of Blackrock Muniholdings New York Qulty Fd worth $1,722,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of MHN. Family Management Corp lifted its stake in shares of Blackrock Muniholdings New York Qulty Fd by 103.2% in the 2nd quarter. Family Management Corp now owns 57,153 shares of the financial services provider’s stock valued at $752,000 after purchasing an additional 29,025 shares in the last quarter. Rivernorth Capital Management LLC increased its holdings in Blackrock Muniholdings New York Qulty Fd by 77.1% during the 2nd quarter. Rivernorth Capital Management LLC now owns 150,977 shares of the financial services provider’s stock worth $1,987,000 after purchasing an additional 65,746 shares during the last quarter. Morgan Stanley increased 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 worth $6,356,000 after purchasing an additional 16,990 shares during the last quarter. Karpus Management Inc. increased its holdings in Blackrock Muniholdings New York Qulty Fd by 2.0% during the 2nd quarter. Karpus Management Inc. now owns 1,919,886 shares of the financial services provider’s stock worth $25,266,000 after purchasing an additional 37,777 shares during the last quarter. Finally, Cohen & Steers Inc. increased its holdings in Blackrock Muniholdings New York Qulty Fd by 7.6% during the 2nd quarter. Cohen & Steers Inc. now owns 99,285 shares of the financial services provider’s stock worth $1,307,000 after purchasing an additional 6,986 shares during the last quarter. 23.98% of the stock is currently owned by hedge funds and other institutional investors.

MHN stock traded down $0.01 during midday trading on Friday, hitting $13.41. 44,128 shares of the company’s stock were exchanged, compared to its average volume of 54,895. Blackrock Muniholdings New York Qulty Fd has a 12-month low of $11.63 and a 12-month high of $13.92. The firm has a 50 day moving average price of $13.52 and a 200-day moving average price of $13.39.

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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