Cohen & Steers Inc. lifted its holdings in shares of Blackrock New York Municipal Income Trst (NYSE:BNY) by 99.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,282 shares of the financial services provider’s stock after buying an additional 5,114 shares during the period. Cohen & Steers Inc.’s holdings in Blackrock New York Municipal Income Trst were worth $126,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fiera Capital Corp boosted its position in shares of Blackrock New York Municipal Income Trst by 19.6% during the fourth quarter. Fiera Capital Corp now owns 121,247 shares of the financial services provider’s stock worth $1,484,000 after buying an additional 19,882 shares during the period. Dakota Wealth Management boosted its position in shares of Blackrock New York Municipal Income Trst by 97.4% during the fourth quarter. Dakota Wealth Management now owns 23,917 shares of the financial services provider’s stock worth $293,000 after buying an additional 11,800 shares during the period. Focused Wealth Management Inc boosted its position in shares of Blackrock New York Municipal Income Trst by 11.9% during the fourth quarter. Focused Wealth Management Inc now owns 63,734 shares of the financial services provider’s stock worth $780,000 after buying an additional 6,801 shares during the period. Patten Group Inc. acquired a new position in shares of Blackrock New York Municipal Income Trst during the fourth quarter worth approximately $86,000. Finally, Advisor Group Inc. boosted its position in shares of Blackrock New York Municipal Income Trst by 35.2% during the fourth quarter. Advisor Group Inc. now owns 12,832 shares of the financial services provider’s stock worth $157,000 after buying an additional 3,344 shares during the period.

Shares of NYSE BNY opened at $12.84 on Friday. Blackrock New York Municipal Income Trst has a 12-month low of $11.70 and a 12-month high of $13.23.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.0445 per share. The ex-dividend date is Thursday, March 14th. This represents a $0.53 annualized dividend and a dividend yield of 4.16%.

COPYRIGHT VIOLATION WARNING: “Cohen & Steers Inc. Has $126,000 Stake in Blackrock New York Municipal Income Trst (BNY)” was originally reported by Marea Informative and is owned by of Marea Informative. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://www.mareainformativa.com/news/2019/03/17/cohen-steers-inc-has-126000-stake-in-blackrock-new-york-municipal-income-trst-bny.html.

Blackrock New York Municipal Income Trst Profile

BlackRock New York Municipal Income Trust 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 the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.

Further Reading: What are the advantages of the Stochastic Momentum Index?

Want to see what other hedge funds are holding BNY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock New York Municipal Income Trst (NYSE:BNY).

Institutional Ownership by Quarter for Blackrock New York Municipal Income Trst (NYSE:BNY)

Receive News & Ratings for Blackrock New York Municipal Income Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock New York Municipal Income Trst and related companies with MarketBeat.com's FREE daily email newsletter.