Steward Partners Investment Advisory LLC Boosts Stock Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Posted by MarketBeat News on Aug 2nd, 2022

Steward Partners Investment Advisory LLC lifted its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Rating) by 66.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,586 shares of the company’s stock after buying an additional 3,434 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in BlackRock MuniHoldings Fund were worth $122,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chilton Capital Management LLC purchased a new stake in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at $30,000. Raymond James & Associates increased its holdings in BlackRock MuniHoldings Fund by 3.9% during the 4th quarter. Raymond James & Associates now owns 37,646 shares of the company’s stock worth $631,000 after purchasing an additional 1,420 shares during the period. Ackerman Capital Advisors LLC increased its holdings in BlackRock MuniHoldings Fund by 24.9% during the 1st quarter. Ackerman Capital Advisors LLC now owns 62,540 shares of the company’s stock worth $890,000 after purchasing an additional 12,450 shares during the period. Goodwin Daniel L increased its holdings in BlackRock MuniHoldings Fund by 2.4% during the 1st quarter. Goodwin Daniel L now owns 60,068 shares of the company’s stock worth $854,000 after purchasing an additional 1,400 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in BlackRock MuniHoldings Fund by 17.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 30,818 shares of the company’s stock worth $516,000 after purchasing an additional 4,613 shares during the period.

BlackRock MuniHoldings Fund Stock Performance

Shares of NYSE MHD opened at $13.33 on Tuesday. The stock’s 50-day moving average is $13.04 and its two-hundred day moving average is $13.74. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $12.18 and a 1-year high of $17.49.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 1st. Shareholders of record on Friday, July 15th were issued a dividend of $0.0605 per share. The ex-dividend date of this dividend was Thursday, July 14th. This represents a $0.73 annualized dividend and a yield of 5.45%.

BlackRock MuniHoldings Fund Profile

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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.