Logan Stone Capital LLC Has $3.78 Million Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Logan Stone Capital LLC reduced its stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 20.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 312,517 shares of the company’s stock after selling 81,914 shares during the quarter. BlackRock MuniHoldings Fund accounts for 1.0% of Logan Stone Capital LLC’s holdings, making the stock its 25th biggest holding. Logan Stone Capital LLC’s holdings in BlackRock MuniHoldings Fund were worth $3,778,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Catalytic Wealth RIA LLC acquired a new stake in shares of BlackRock MuniHoldings Fund during the 4th quarter worth approximately $212,000. Karpus Management Inc. increased its stake in shares of BlackRock MuniHoldings Fund by 20.2% in the 4th quarter. Karpus Management Inc. now owns 5,645,506 shares of the company’s stock valued at $67,238,000 after purchasing an additional 947,239 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of BlackRock MuniHoldings Fund during the 4th quarter worth $198,000. Compass Financial Group INC SD boosted its stake in BlackRock MuniHoldings Fund by 32.1% in the first quarter. Compass Financial Group INC SD now owns 225,522 shares of the company’s stock valued at $2,724,000 after buying an additional 54,773 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its position in BlackRock MuniHoldings Fund by 105.4% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 73,266 shares of the company’s stock valued at $885,000 after acquiring an additional 37,600 shares during the last quarter.

BlackRock MuniHoldings Fund Price Performance

Shares of NYSE MHD opened at $12.72 on Friday. BlackRock MuniHoldings Fund, Inc. has a 12 month low of $9.92 and a 12 month high of $12.96. The stock has a 50-day moving average price of $12.36 and a two-hundred day moving average price of $12.03.

BlackRock MuniHoldings Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.0595 per share. The ex-dividend date is Tuesday, October 15th. This is an increase from BlackRock MuniHoldings Fund’s previous monthly dividend of $0.05. This represents a $0.71 annualized dividend and a dividend yield of 5.61%.

About BlackRock MuniHoldings Fund

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.