Wells Fargo & Company MN Has $3.35 Million Holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Wells Fargo & Company MN trimmed its stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 287,164 shares of the company’s stock after selling 17,081 shares during the period. Wells Fargo & Company MN’s holdings in BlackRock MuniHoldings Fund were worth $3,351,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Signaturefd LLC bought a new position in BlackRock MuniHoldings Fund in the 4th quarter worth approximately $48,000. Steward Partners Investment Advisory LLC increased its stake in shares of BlackRock MuniHoldings Fund by 71.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock valued at $122,000 after buying an additional 4,338 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter worth $139,000. Virtu Financial LLC acquired a new position in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at $141,000. Finally, Permanent Capital Management LP bought a new position in BlackRock MuniHoldings Fund in the fourth quarter valued at about $152,000.

BlackRock MuniHoldings Fund Trading Up 0.8 %

Shares of MHD stock opened at $10.92 on Wednesday. BlackRock MuniHoldings Fund, Inc. has a 12 month low of $10.79 and a 12 month high of $12.96. The stock has a 50-day moving average price of $11.66 and a 200 day moving average price of $12.00.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.0595 per share. This represents a $0.71 annualized dividend and a dividend yield of 6.54%. The ex-dividend date of this dividend is Tuesday, April 15th.

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.