BlackRock MuniHoldings Fund, Inc. $MHD Shares Purchased by Riverbridge Partners LLC

Riverbridge Partners LLC raised its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 5.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,126 shares of the company’s stock after purchasing an additional 2,814 shares during the period. Riverbridge Partners LLC’s holdings in BlackRock MuniHoldings Fund were worth $629,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MHD. Citadel Advisors LLC bought a new stake in BlackRock MuniHoldings Fund in the fourth quarter valued at $118,000. Oppenheimer & Co. Inc. grew its stake in shares of BlackRock MuniHoldings Fund by 6.8% in the first quarter. Oppenheimer & Co. Inc. now owns 28,617 shares of the company’s stock worth $336,000 after purchasing an additional 1,816 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of BlackRock MuniHoldings Fund by 2.5% during the first quarter. Park Avenue Securities LLC now owns 94,803 shares of the company’s stock valued at $1,113,000 after purchasing an additional 2,303 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of BlackRock MuniHoldings Fund by 5.3% during the fourth quarter. Ameriprise Financial Inc. now owns 39,894 shares of the company’s stock valued at $466,000 after purchasing an additional 2,013 shares during the period. Finally, Northern Trust Corp acquired a new position in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at $131,000.

BlackRock MuniHoldings Fund Price Performance

Shares of MHD opened at $11.68 on Friday. BlackRock MuniHoldings Fund, Inc. has a one year low of $10.79 and a one year high of $12.87. The stock’s fifty day moving average is $11.28 and its 200-day moving average is $11.29.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 15th will be paid a dividend of $0.0595 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

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.