BlackRock MuniHoldings Fund, Inc. $MHD Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC lowered its stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 4.1% during the second quarter, HoldingsChannel reports. The firm owned 11,987,371 shares of the company’s stock after selling 518,454 shares during the period. BlackRock MuniHoldings Fund accounts for approximately 6.8% of Rivernorth Capital Management LLC’s holdings, making the stock its biggest position. Rivernorth Capital Management LLC’s holdings in BlackRock MuniHoldings Fund were worth $142,650,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of MHD. Scarborough Advisors LLC grew its position in BlackRock MuniHoldings Fund by 2.3% during the 4th quarter. Scarborough Advisors LLC now owns 38,796 shares of the company’s stock worth $455,000 after purchasing an additional 887 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of BlackRock MuniHoldings Fund by 7.0% in the second quarter. Osaic Holdings Inc. now owns 18,716 shares of the company’s stock valued at $210,000 after purchasing an additional 1,227 shares in the last quarter. World Investment Advisors boosted its position in shares of BlackRock MuniHoldings Fund by 12.2% in the first quarter. World Investment Advisors now owns 11,500 shares of the company’s stock worth $130,000 after buying an additional 1,251 shares during the period. NewEdge Advisors LLC boosted its position in shares of BlackRock MuniHoldings Fund by 6.3% in the first quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after buying an additional 1,937 shares during the period. Finally, Occidental Asset Management LLC grew its holdings in shares of BlackRock MuniHoldings Fund by 20.3% during the second quarter. Occidental Asset Management LLC now owns 12,766 shares of the company’s stock valued at $152,000 after buying an additional 2,154 shares in the last quarter.

BlackRock MuniHoldings Fund Price Performance

NYSE:MHD opened at $11.41 on Monday. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $11.06 and a 1-year high of $12.08. The business’s fifty day moving average price is $11.66 and its 200 day moving average price is $11.67.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.0595 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

About BlackRock MuniHoldings Fund

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.