HighTower Advisors LLC Reduces Holdings in BlackRock MuniHoldings Fund, Inc. $MHD

HighTower Advisors LLC cut its stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 38.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,470 shares of the company’s stock after selling 32,836 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock MuniHoldings Fund were worth $604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of MHD. Pathstone Holdings LLC boosted its holdings in BlackRock MuniHoldings Fund by 21.1% during the 4th quarter. Pathstone Holdings LLC now owns 1,416,610 shares of the company’s stock valued at $16,577,000 after acquiring an additional 246,450 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in BlackRock MuniHoldings Fund by 15.6% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 1,104,504 shares of the company’s stock valued at $12,967,000 after purchasing an additional 148,946 shares during the last quarter. City of London Investment Management Co. Ltd. raised its position in BlackRock MuniHoldings Fund by 90.6% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 246,775 shares of the company’s stock valued at $2,897,000 after purchasing an additional 117,310 shares during the last quarter. Raymond James Financial Inc. bought a new position in BlackRock MuniHoldings Fund during the 4th quarter valued at approximately $1,173,000. Finally, Rareview Capital LLC raised its position in BlackRock MuniHoldings Fund by 190.4% during the 1st quarter. Rareview Capital LLC now owns 123,872 shares of the company’s stock valued at $1,454,000 after purchasing an additional 81,222 shares during the last quarter.

BlackRock MuniHoldings Fund Stock Up 0.5%

MHD opened at $11.16 on Friday. The business has a 50 day simple moving average of $11.14 and a two-hundred day simple moving average of $11.36. BlackRock MuniHoldings Fund, Inc. has a one year low of $10.79 and a one year high of $12.96.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be given a dividend of $0.0595 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) dividend on an annualized basis and a yield of 6.4%.

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.