Envestnet Asset Management Inc. Lowers Stock Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Envestnet Asset Management Inc. cut its position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Rating) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,235 shares of the company’s stock after selling 6,334 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BlackRock MuniHoldings Fund were worth $1,217,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Advisors Asset Management Inc. raised its holdings in BlackRock MuniHoldings Fund by 11.2% in the third quarter. Advisors Asset Management Inc. now owns 419,521 shares of the company’s stock valued at $4,720,000 after buying an additional 42,132 shares during the period. Goodwin Daniel L lifted its holdings in shares of BlackRock MuniHoldings Fund by 11.1% during the 4th quarter. Goodwin Daniel L now owns 100,855 shares of the company’s stock valued at $1,224,000 after acquiring an additional 10,116 shares in the last quarter. Integrated Capital Management Inc. boosted its position in BlackRock MuniHoldings Fund by 14.0% during the 4th quarter. Integrated Capital Management Inc. now owns 13,247 shares of the company’s stock worth $161,000 after purchasing an additional 1,623 shares during the period. Melfa Wealth Management LLC acquired a new stake in BlackRock MuniHoldings Fund in the 4th quarter valued at $2,609,000. Finally, Janney Montgomery Scott LLC raised its position in BlackRock MuniHoldings Fund by 12.6% in the third quarter. Janney Montgomery Scott LLC now owns 17,222 shares of the company’s stock valued at $194,000 after purchasing an additional 1,933 shares during the period.

BlackRock MuniHoldings Fund Stock Performance

Shares of MHD opened at $11.37 on Wednesday. BlackRock MuniHoldings Fund, Inc. has a 12 month low of $10.70 and a 12 month high of $13.79. The stock’s 50-day moving average is $11.75 and its two-hundred day moving average is $11.84.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Monday, May 15th will be issued a $0.0355 dividend. This represents a $0.43 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Friday, May 12th.

BlackRock MuniHoldings Fund Profile

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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.