BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Free Report) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be given a dividend of 0.0595 per share on Monday, November 2nd. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Thursday, October 15th.
BlackRock MuniHoldings Fund Price Performance
BlackRock MuniHoldings Fund stock opened at $11.03 on Friday. BlackRock MuniHoldings Fund has a 52-week low of $10.96 and a 52-week high of $12.08. The firm has a 50-day moving average price of $11.56 and a two-hundred day moving average price of $11.64.
Hedge Funds Weigh In On BlackRock MuniHoldings Fund
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hollencrest Capital Management acquired a new position in BlackRock MuniHoldings Fund in the first quarter worth approximately $26,000. MCF Advisors LLC purchased a new position in shares of BlackRock MuniHoldings Fund during the second quarter valued at $27,000. Pinnacle Bancorp Inc. purchased a new stake in shares of BlackRock MuniHoldings Fund in the first quarter worth approximately $38,000. First Bancorp Inc ME purchased a new stake in BlackRock MuniHoldings Fund in the 2nd quarter worth approximately $42,000. Finally, Geneos Wealth Management Inc. raised its holdings 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 acquiring an additional 3,706 shares in the last quarter.
BlackRock MuniHoldings Fund Company 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.
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