HighTower Advisors LLC Has $984,000 Holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

HighTower Advisors LLC lifted its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 45.4% in the 4th quarter, Holdings Channel reports. The fund owned 84,306 shares of the company’s stock after buying an additional 26,328 shares during the period. HighTower Advisors LLC’s holdings in BlackRock MuniHoldings Fund were worth $984,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Permanent Capital Management LP purchased a new stake in shares of BlackRock MuniHoldings Fund in the fourth quarter valued at $152,000. PNC Financial Services Group Inc. raised its position in BlackRock MuniHoldings Fund by 0.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 225,087 shares of the company’s stock valued at $2,627,000 after buying an additional 1,257 shares during the period. Raymond James Financial Inc. purchased a new stake in BlackRock MuniHoldings Fund in the 4th quarter worth about $1,173,000. Steward Partners Investment Advisory LLC boosted its position in BlackRock MuniHoldings Fund by 71.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock worth $122,000 after acquiring an additional 4,338 shares during the period. Finally, Noble Wealth Management PBC purchased a new position in BlackRock MuniHoldings Fund during the 4th quarter valued at about $1,267,000.

BlackRock MuniHoldings Fund Trading Down 0.7 %

Shares of MHD opened at $11.75 on Thursday. The business’s 50-day moving average is $11.99 and its 200-day moving average is $12.21. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $11.41 and a fifty-two week high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.0595 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.71 dividend on an annualized basis and a yield of 6.08%.

BlackRock MuniHoldings Fund Profile

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.