BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0595 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date is Tuesday, September 15th.
BlackRock MuniHoldings Fund Trading Up 0.3%
Shares of NYSE MHD opened at $11.07 on Friday. BlackRock MuniHoldings Fund has a twelve month low of $10.96 and a twelve month high of $12.08. The business has a 50 day simple moving average of $11.54 and a 200-day simple moving average of $11.63.
Institutional Trading of BlackRock MuniHoldings Fund
Institutional investors have recently added to or reduced their stakes in the business. Scarborough Advisors LLC increased its position in shares of BlackRock MuniHoldings Fund by 2.3% during the 4th quarter. Scarborough Advisors LLC now owns 38,796 shares of the company’s stock valued at $455,000 after purchasing an additional 887 shares during the period. Osaic Holdings Inc. boosted its stake in BlackRock MuniHoldings Fund by 7.0% during the second quarter. Osaic Holdings Inc. now owns 18,716 shares of the company’s stock valued at $210,000 after buying an additional 1,227 shares in the last quarter. World Investment Advisors boosted its stake in BlackRock MuniHoldings Fund by 12.2% during the first quarter. World Investment Advisors now owns 11,500 shares of the company’s stock valued at $130,000 after buying an additional 1,251 shares in the last quarter. NewEdge Advisors LLC grew its holdings in BlackRock MuniHoldings Fund by 6.3% during the first quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after acquiring an additional 1,937 shares during the period. Finally, Occidental Asset Management LLC grew its holdings in BlackRock MuniHoldings Fund by 20.3% during the second quarter. Occidental Asset Management LLC now owns 12,766 shares of the company’s stock worth $152,000 after acquiring an additional 2,154 shares during the period.
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.
Recommended Stories
- Five stocks we like better than BlackRock MuniHoldings Fund
- Nasdaq’s $100 Million Kraken Bet Prepares It for a Market That Never Closes
- Copper’s Record Rally Highlights a Deeper Supply Problem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
Receive News & Ratings for BlackRock MuniHoldings Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings Fund and related companies with MarketBeat.com's FREE daily email newsletter.
