Cohen & Steers Inc. Boosts Stake in BlackRock MuniYield New York Insured Fnd (MYN)

Cohen & Steers Inc. lifted its stake in BlackRock MuniYield New York Insured Fnd (NYSE:MYN) by 145.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,154 shares of the investment management company’s stock after acquiring an additional 6,025 shares during the quarter. Cohen & Steers Inc.’s holdings in BlackRock MuniYield New York Insured Fnd were worth $117,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of MYN. Next Capital Management LLC bought a new stake in shares of BlackRock MuniYield New York Insured Fnd during the 4th quarter worth about $36,000. Fiera Capital Corp boosted its holdings in BlackRock MuniYield New York Insured Fnd by 18.3% in the 4th quarter. Fiera Capital Corp now owns 484,526 shares of the investment management company’s stock valued at $5,582,000 after purchasing an additional 75,114 shares during the period. Raymond James & Associates boosted its holdings in BlackRock MuniYield New York Insured Fnd by 47.9% in the 4th quarter. Raymond James & Associates now owns 17,917 shares of the investment management company’s stock valued at $206,000 after purchasing an additional 5,801 shares during the period. Private Advisor Group LLC boosted its holdings in BlackRock MuniYield New York Insured Fnd by 32.9% in the 4th quarter. Private Advisor Group LLC now owns 34,348 shares of the investment management company’s stock valued at $396,000 after purchasing an additional 8,500 shares during the period. Finally, Tortoise Investment Management LLC bought a new stake in BlackRock MuniYield New York Insured Fnd in the 4th quarter valued at about $622,000. Hedge funds and other institutional investors own 15.09% of the company’s stock.

NYSE MYN opened at $12.15 on Friday. BlackRock MuniYield New York Insured Fnd has a 12-month low of $11.09 and a 12-month high of $12.31.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Shareholders of record on Friday, March 15th will be issued a $0.0425 dividend. This represents a $0.51 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Thursday, March 14th.

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About BlackRock MuniYield New York Insured Fnd

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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