Advisory Services Network adds BlackRock MuniYield New York Insured Fnd (MYN) to its portfolio

BlackRock MuniYield New York Insured Fnd (MYN) : Advisory Services Network added new position in BlackRock MuniYield New York Insured Fnd during the most recent quarter end. The investment management firm now holds 13,200 shares of BlackRock MuniYield New York Insured Fnd which is valued at $183,216 , the company said in a statement filed on Oct 7, 2016 with the SEC.BlackRock MuniYield New York Insured Fnd makes up approximately 0.03% of Advisory Services Network’s portfolio.

BlackRock MuniYield New York Insured Fnd closed down -0.04 points or -0.29% at $13.88 with 59,824 shares getting traded on Friday. Post opening the session at $13.98, the shares hit an intraday low of $13.8718 and an intraday high of $13.98 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

BlackRock MuniYield New York Quality Fund Inc. is an 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. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and New York State and New York City personal income taxes. The Fund invests primarily in long-term municipal obligations that are investment grade quality at the time of investment. The Fund invests in various sectors such as county/city/special district/school district transportation education state utilities health housing corporate and tobacco.

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