BlackRock MuniHoldings Fund, Inc. $MHD Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC raised its stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 160.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 179,952 shares of the company’s stock after buying an additional 110,968 shares during the period. NewEdge Advisors LLC’s holdings in BlackRock MuniHoldings Fund were worth $2,030,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hollencrest Capital Management bought a new stake in shares of BlackRock MuniHoldings Fund during the 1st quarter worth $26,000. Pinnacle Bancorp Inc. acquired a new stake in shares of BlackRock MuniHoldings Fund during the first quarter worth $38,000. Geneos Wealth Management Inc. raised its position in shares of BlackRock MuniHoldings Fund by 389.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after purchasing an additional 3,706 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter worth $57,000. Finally, Camelot Portfolios LLC purchased a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at $62,000.

BlackRock MuniHoldings Fund Trading Down 0.4%

NYSE:MHD opened at $11.65 on Friday. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $10.99 and a 1-year high of $12.08. The stock has a fifty day simple moving average of $11.71 and a 200 day simple moving average of $11.70.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0595 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniHoldings Fund Profile

BlackRock MuniHoldings Fund (NYSE:MHD) is a closed-end management investment company focused on delivering tax-exempt income through a diversified portfolio of municipal securities. The fund’s primary objective is to seek current income exempt from federal income tax, making it a potential option for investors looking to enhance after-tax yield in a fixed-income allocation.

The fund invests predominantly in investment-grade municipal bonds issued by state and local governments, authorities and agencies across the United States.