Capital Investment Advisors LLC Trims Stock Holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Capital Investment Advisors LLC reduced its stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Rating) by 13.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,191 shares of the company’s stock after selling 11,132 shares during the quarter. Capital Investment Advisors LLC’s holdings in BlackRock MuniHoldings Fund were worth $889,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Private Trust Co. NA purchased a new stake in shares of BlackRock MuniHoldings Fund in the second quarter valued at $25,000. SeaCrest Wealth Management LLC purchased a new stake in shares of BlackRock MuniHoldings Fund in the second quarter valued at $30,000. Trustcore Financial Services LLC purchased a new stake in shares of BlackRock MuniHoldings Fund in the third quarter valued at $30,000. First Personal Financial Services purchased a new stake in shares of BlackRock MuniHoldings Fund in the third quarter valued at $34,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniHoldings Fund in the third quarter valued at $38,000.

BlackRock MuniHoldings Fund Trading Up 0.6 %

BlackRock MuniHoldings Fund stock opened at $11.93 on Friday. The stock has a fifty day moving average price of $12.03 and a 200 day moving average price of $11.79. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $10.70 and a 52 week high of $14.43.

BlackRock MuniHoldings Fund Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, April 3rd. Investors of record on Wednesday, March 15th will be paid a $0.0355 dividend. The ex-dividend date of this dividend is Tuesday, March 14th. This represents a $0.43 annualized dividend and a yield of 3.57%.

About BlackRock MuniHoldings Fund

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BlackRock MuniHoldings Fund, Inc acts as Closed-End Investment Fund/Investment Trust. Its investment objective is to provide high current income from U.S. federal income taxes by investing primarily in a portfolio of medium- to lower-grade or unrated municipal obligations, the interest on which, in the opinion of bond counsel to the issuer, is from U.S.