Raymond James Financial Services Advisors Inc. decreased its stake in shares of BR-MUNIYLD NY I (NYSE:MYN) by 17.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,405 shares of the investment management company’s stock after selling 4,748 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in BR-MUNIYLD NY I were worth $291,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MYN. Laurion Capital Management LP purchased a new position in shares of BR-MUNIYLD NY I during the second quarter valued at approximately $899,000. Cambridge Investment Research Advisors Inc. purchased a new position in shares of BR-MUNIYLD NY I during the second quarter valued at approximately $404,000. Royal Bank of Canada boosted its position in shares of BR-MUNIYLD NY I by 24.0% during the second quarter. Royal Bank of Canada now owns 147,249 shares of the investment management company’s stock valued at $1,916,000 after buying an additional 28,483 shares during the last quarter. TIAA FSB purchased a new position in shares of BR-MUNIYLD NY I during the second quarter valued at approximately $352,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co purchased a new position in shares of BR-MUNIYLD NY I during the second quarter valued at approximately $332,000. 6.74% of the stock is currently owned by institutional investors.

BR-MUNIYLD NY I (NYSE:MYN) opened at $13.02 on Friday. BR-MUNIYLD NY I has a 1 year low of $12.50 and a 1 year high of $13.43.

The firm also recently declared a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be issued a dividend of $0.054 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.65 dividend on an annualized basis and a yield of 4.98%.

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BR-MUNIYLD NY I Profile

BlackRock MuniYield New York Quality Fund, Inc is a closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes and New York State and New York City personal income taxes as is consistent with its investment policies and prudent investment management.

Institutional Ownership by Quarter for BR-MUNIYLD NY I (NYSE:MYN)

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