Northern Trust Corp Makes New Investment in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Northern Trust Corp acquired a new position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,249 shares of the company’s stock, valued at approximately $131,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. NewEdge Advisors LLC lifted its stake in shares of BlackRock MuniHoldings Fund by 3.6% during the fourth quarter. NewEdge Advisors LLC now owns 30,606 shares of the company’s stock worth $357,000 after purchasing an additional 1,056 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of 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 worth $2,627,000 after purchasing an additional 1,257 shares in the last quarter. Compass Financial Group INC SD lifted its stake in shares of BlackRock MuniHoldings Fund by 0.6% during the fourth quarter. Compass Financial Group INC SD now owns 211,638 shares of the company’s stock worth $2,470,000 after purchasing an additional 1,270 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of BlackRock MuniHoldings Fund by 1.2% during the fourth quarter. Bank of New York Mellon Corp now owns 120,119 shares of the company’s stock worth $1,402,000 after purchasing an additional 1,367 shares in the last quarter. Finally, Encompass Wealth Advisors LLC lifted its stake in shares of BlackRock MuniHoldings Fund by 8.9% during the fourth quarter. Encompass Wealth Advisors LLC now owns 26,894 shares of the company’s stock worth $314,000 after purchasing an additional 2,200 shares in the last quarter.

BlackRock MuniHoldings Fund Trading Up 0.5%

NYSE:MHD opened at $11.21 on Wednesday. BlackRock MuniHoldings Fund, Inc. has a one year low of $10.79 and a one year high of $12.96. The business’s 50-day simple moving average is $11.27 and its 200 day simple moving average is $11.77.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were paid a $0.0595 dividend. This represents a $0.71 annualized dividend and a dividend yield of 6.37%. The ex-dividend date of this dividend was Thursday, May 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.