Almitas Capital LLC Buys New Stake in BlackRock New York Insured Municipal Inc (NYSE:BSE)

Almitas Capital LLC bought a new position in BlackRock New York Insured Municipal Inc (NYSE:BSE) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 28,223 shares of the company’s stock, valued at approximately $361,000.

A number of other large investors also recently made changes to their positions in the stock. Sit Investment Associates Inc. purchased a new position in BlackRock New York Insured Municipal in the first quarter worth $1,779,000. Wells Fargo & Company MN grew its position in BlackRock New York Insured Municipal by 7.1% in the first quarter. Wells Fargo & Company MN now owns 28,404 shares of the company’s stock worth $363,000 after acquiring an additional 1,892 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in BlackRock New York Insured Municipal by 47.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 19,151 shares of the company’s stock worth $231,000 after acquiring an additional 6,126 shares in the last quarter.

Shares of NYSE:BSE opened at $13.22 on Friday. BlackRock New York Insured Municipal Inc has a 52-week low of $11.84 and a 52-week high of $13.39.

The business also recently announced a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be given a $0.041 dividend. The ex-dividend date is Thursday, June 13th. This represents a $0.49 annualized dividend and a yield of 3.72%.

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BlackRock New York Insured Municipal Company Profile

BlackRock New York Municipal Income Quality Trust is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily invests in investment grade municipal obligations 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 New York Insured Municipal (NYSE:BSE)

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