Bouchey Financial Group Ltd buys $2,670,524 stake in BlackRock Muni New York Intr. Dur. Fnd. (MNE)

BlackRock Muni New York Intr. Dur. Fnd. (MNE) : Bouchey Financial Group Ltd scooped up 53,990 additional shares in BlackRock Muni New York Intr. Dur. Fnd. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 165,655 shares of BlackRock Muni New York Intr. Dur. Fnd. which is valued at $2,670,524.BlackRock Muni New York Intr. Dur. Fnd. makes up approximately 0.96% of Bouchey Financial Group Ltd’s portfolio.

BlackRock Muni New York Intr. Dur. Fnd. opened for trading at $15.84 and hit $16.17 on the upside on Monday, eventually ending the session at $16.1208, with a gain of 2.91% or 0.4565 points. The heightened volatility saw the trading volume jump to 3,290 shares. Company has a market cap of $65 M.

BlackRock Muni New York Intermediate Duration Fund Inc. is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income exempt from federal income tax and New York State and New York City personal income taxes. It seeks to invest at least 80% of assets in municipal obligations exempt from federal income tax (except that interest may be subject to federal alternative minimum tax) and New York State and New York City personal income taxes. It invests at least 75% of assets in municipal obligations that are investment grade quality at the time of investment. It invests at least 80% of assets in municipal obligations with duration of 3 to 10 years. Its portfolio includes investments in various sectors such as transportation health county/city/special district/school district education corporate utilities state housing and tobacco. BlackRock Advisors LLC is the investment adviser of the Fund.

Leave a Reply

BlackRock Muni New York Intr. Dur. Fnd. - Is it time to Sell?

Top Brokerage Firms are advising their investors on BlackRock Muni New York Intr. Dur. Fnd.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.