Allspring Global Investments Holdings LLC Grows Position in BlackRock MuniHoldings Fund, Inc. $MHD

Allspring Global Investments Holdings LLC grew its holdings in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 116.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,102,849 shares of the company’s stock after purchasing an additional 593,744 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in BlackRock MuniHoldings Fund were worth $12,440,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Riverbridge Partners LLC boosted its holdings in BlackRock MuniHoldings Fund by 100.2% in the 1st quarter. Riverbridge Partners LLC now owns 115,874 shares of the company’s stock worth $1,307,000 after buying an additional 57,999 shares during the period. Rareview Capital LLC raised its holdings in BlackRock MuniHoldings Fund by 23.8% during the 4th quarter. Rareview Capital LLC now owns 398,623 shares of the company’s stock valued at $4,465,000 after acquiring an additional 76,718 shares during the period. Indiana Trust & Investment Management Co bought a new stake in BlackRock MuniHoldings Fund during the 1st quarter valued at $767,000. Fortitude Advisory Group L.L.C. lifted its position in shares of BlackRock MuniHoldings Fund by 354.2% during the first quarter. Fortitude Advisory Group L.L.C. now owns 105,020 shares of the company’s stock worth $1,185,000 after acquiring an additional 81,896 shares in the last quarter. Finally, Allegheny Financial Group purchased a new stake in shares of BlackRock MuniHoldings Fund during the first quarter worth $1,754,000.

BlackRock MuniHoldings Fund Stock Down 1.1%

BlackRock MuniHoldings Fund stock opened at $11.67 on Wednesday. BlackRock MuniHoldings Fund, Inc. has a one year low of $10.96 and a one year high of $12.08. The business has a fifty day moving average price of $11.71 and a 200-day moving average price of $11.73.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.0595 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

BlackRock MuniHoldings Fund Company Profile

BlackRock MuniHoldings Fund (NYSE:MHD) is a closed-end management investment company focused on delivering tax-exempt income through a diversified portfolio of municipal securities. The fund’s primary objective is to seek current income exempt from federal income tax, making it a potential option for investors looking to enhance after-tax yield in a fixed-income allocation.

The fund invests predominantly in investment-grade municipal bonds issued by state and local governments, authorities and agencies across the United States.