Fiera Capital Corp Raises Stock Position in BlackRock MuniYield New York Insured Fnd (NYSE:MYN)

Fiera Capital Corp boosted its holdings in BlackRock MuniYield New York Insured Fnd (NYSE:MYN) by 10.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 250,418 shares of the investment management company’s stock after purchasing an additional 23,485 shares during the quarter. Fiera Capital Corp’s holdings in BlackRock MuniYield New York Insured Fnd were worth $3,063,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wealth Quarterback LLC purchased a new position in shares of BlackRock MuniYield New York Insured Fnd during the fourth quarter valued at about $34,000. NEXT Financial Group Inc purchased a new position in shares of BlackRock MuniYield New York Insured Fnd during the fourth quarter valued at about $58,000. Janney Montgomery Scott LLC grew its position in shares of BlackRock MuniYield New York Insured Fnd by 6.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,241 shares of the investment management company’s stock valued at $173,000 after purchasing an additional 791 shares in the last quarter. Advisor Group Inc. grew its position in shares of BlackRock MuniYield New York Insured Fnd by 85.9% during the fourth quarter. Advisor Group Inc. now owns 13,544 shares of the investment management company’s stock valued at $177,000 after purchasing an additional 6,259 shares in the last quarter. Finally, BEAM Asset Management LLC purchased a new position in shares of BlackRock MuniYield New York Insured Fnd during the fourth quarter valued at about $260,000. Institutional investors and hedge funds own 14.77% of the company’s stock.

Shares of BlackRock MuniYield New York Insured Fnd stock opened at $12.08 on Friday. The business has a 50-day moving average price of $11.99 and a 200-day moving average price of $12.73. BlackRock MuniYield New York Insured Fnd has a twelve month low of $9.92 and a twelve month high of $13.62.

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be given a dividend of $0.0425 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 4.22%.

BlackRock MuniYield New York Insured Fnd Company Profile

BlackRock MuniYield 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 a portfolio of long-term investment grade municipal bonds 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 MuniYield New York Insured Fnd (NYSE:MYN)

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