LPL Financial LLC Has $1.57 Million Stock Position in BlackRock MuniHoldings Fund, Inc. $MHD

LPL Financial LLC boosted its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 13.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 133,926 shares of the company’s stock after acquiring an additional 15,901 shares during the period. LPL Financial LLC’s holdings in BlackRock MuniHoldings Fund were worth $1,572,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Citadel Advisors LLC bought a new stake in BlackRock MuniHoldings Fund during the 4th quarter worth approximately $118,000. Ameriflex Group Inc. bought a new stake in shares of BlackRock MuniHoldings Fund in the fourth quarter valued at $119,000. Summit Trail Advisors LLC purchased a new stake in BlackRock MuniHoldings Fund during the first quarter valued at about $121,000. M&T Bank Corp bought a new stake in BlackRock MuniHoldings Fund during the 1st quarter valued at $128,000. Finally, Northern Trust Corp purchased a new stake in BlackRock MuniHoldings Fund during the 4th quarter worth about $131,000.

BlackRock MuniHoldings Fund Stock Down 0.5%

BlackRock MuniHoldings Fund stock opened at $11.02 on Friday. The firm’s 50 day simple moving average is $11.14 and its 200 day simple moving average is $11.40. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $10.79 and a 1-year high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be paid a $0.0595 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Friday, August 15th.

BlackRock MuniHoldings Fund Company 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.