Wolverine Asset Management LLC Grows Holdings in BlackRock MuniHoldings Fund, Inc. $MHD

Wolverine Asset Management LLC lifted its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 3,256.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,522 shares of the company’s stock after buying an additional 87,825 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock MuniHoldings Fund were worth $1,014,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. NewEdge Advisors LLC grew its position in shares of BlackRock MuniHoldings Fund by 6.3% in the 1st 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. Aviance Capital Partners LLC grew its position in shares of BlackRock MuniHoldings Fund by 12.3% in the 1st quarter. Aviance Capital Partners LLC now owns 17,775 shares of the company’s stock worth $209,000 after buying an additional 1,944 shares during the period. Encompass Wealth Advisors LLC grew its position in shares of BlackRock MuniHoldings Fund by 8.6% in the 2nd quarter. Encompass Wealth Advisors LLC now owns 29,194 shares of the company’s stock worth $327,000 after buying an additional 2,300 shares during the period. Riverbridge Partners LLC grew its position in shares of BlackRock MuniHoldings Fund by 5.3% in the 2nd quarter. Riverbridge Partners LLC now owns 56,126 shares of the company’s stock worth $629,000 after buying an additional 2,814 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of BlackRock MuniHoldings Fund by 389.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after buying an additional 3,706 shares during the period.

BlackRock MuniHoldings Fund Stock Up 0.3%

NYSE:MHD opened at $11.76 on Friday. The firm’s 50-day moving average price is $11.61 and its 200-day moving average price is $11.33. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $10.79 and a 1-year high of $12.79.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Wednesday, October 15th will be paid a $0.0595 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

BlackRock MuniHoldings Fund Profile

BlackRock MuniHoldings Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes.