BlackRock MuniHoldings Fund, Inc. $MHD Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 16.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 264,924 shares of the company’s stock after selling 51,920 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BlackRock MuniHoldings Fund were worth $2,967,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Mackay Shields LLC boosted its stake in shares of BlackRock MuniHoldings Fund by 7.4% during the 2nd quarter. Mackay Shields LLC now owns 2,126,547 shares of the company’s stock worth $23,817,000 after acquiring an additional 146,861 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in BlackRock MuniHoldings Fund by 16.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 262,674 shares of the company’s stock valued at $3,084,000 after purchasing an additional 37,587 shares in the last quarter. City of London Investment Management Co. Ltd. raised its holdings in BlackRock MuniHoldings Fund by 90.6% during the first quarter. City of London Investment Management Co. Ltd. now owns 246,775 shares of the company’s stock worth $2,897,000 after purchasing an additional 117,310 shares during the last quarter. Dakota Wealth Management boosted its position in BlackRock MuniHoldings Fund by 11.0% during the second quarter. Dakota Wealth Management now owns 147,900 shares of the company’s stock worth $1,656,000 after purchasing an additional 14,700 shares in the last quarter. Finally, LPL Financial LLC boosted its position in BlackRock MuniHoldings Fund by 13.5% during the first quarter. LPL Financial LLC now owns 133,926 shares of the company’s stock worth $1,572,000 after purchasing an additional 15,901 shares in the last quarter.

BlackRock MuniHoldings Fund Stock Performance

Shares of MHD stock opened at $11.72 on Friday. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $10.79 and a fifty-two week high of $12.79. The business has a fifty day simple moving average of $11.73 and a 200-day simple moving average of $11.37.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be issued a dividend of $0.0595 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, November 14th.

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.