BofA 10% holder liquidates entire position via 14 sales totaling 6,145 shares across 2012–2022, netting $72,280.49 vs 16 purchases netting $71,601.65; post-transaction holdings: 0 shares.
This filing aggregates two decades of intermittent activity by Bank of America, a significant shareholder in BlackRock New York Municipal Income Trust. The 16 purchases totaling 6,145 shares for $71,601.65 and 14 sales totaling 6,145 shares for $72,280.49 show a net-zero position, with the final large sale of 3,671 shares at $10.28 on 2022-12-16 eliminating any remaining stake. The near parity between purchase volume (6,145 shares) and sale volume (6,145 shares) indicates a complete exit rather than directional conviction; the margin between total proceeds ($72,280.49) and total cost ($71,601.65) reflects modest trading gains of $678.84 over the decade-long holding period. This appears to be routine portfolio housekeeping by a passive institutional holder managing a municipal bond fund position rather than a discretionary insider signal.