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

Allspring Global Investments Holdings LLC raised its holdings in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 813.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 509,105 shares of the company’s stock after acquiring an additional 453,353 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in BlackRock MuniHoldings Fund were worth $5,977,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Fifth Third Bancorp purchased a new stake in shares of BlackRock MuniHoldings Fund during the third quarter worth about $30,000. Geneos Wealth Management Inc. grew its holdings in shares of BlackRock MuniHoldings Fund by 389.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after buying an additional 3,706 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of BlackRock MuniHoldings Fund during the first quarter worth about $118,000. Talisman Wealth Advisors LLC purchased a new stake in BlackRock MuniHoldings Fund in the second quarter valued at approximately $136,000. Finally, Permanent Capital Management LP purchased a new stake in BlackRock MuniHoldings Fund in the third quarter valued at approximately $140,000.

BlackRock MuniHoldings Fund Stock Performance

BlackRock MuniHoldings Fund stock opened at $11.30 on Tuesday. BlackRock MuniHoldings Fund, Inc. has a 1 year low of $10.79 and a 1 year high of $12.05. The firm has a 50 day moving average price of $11.70 and a 200 day moving average price of $11.72.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.0595 per share. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Monday, June 15th.

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.