BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Free Report) announced a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.0595 per share on Tuesday, July 1st. This represents a $0.71 annualized dividend and a dividend yield of 6.40%. The ex-dividend date is Friday, June 13th.
BlackRock MuniHoldings Fund Trading Up 0.0%
BlackRock MuniHoldings Fund stock opened at $11.16 on Wednesday. BlackRock MuniHoldings Fund has a 12-month low of $10.79 and a 12-month high of $12.96. The firm’s fifty day moving average is $11.21 and its 200 day moving average is $11.73.
Hedge Funds Weigh In On BlackRock MuniHoldings Fund
Institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in BlackRock MuniHoldings Fund by 389.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after acquiring an additional 3,706 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of BlackRock MuniHoldings Fund during the first quarter worth approximately $118,000. NewEdge Advisors LLC raised its position in shares of BlackRock MuniHoldings Fund by 6.3% during the first quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after purchasing an additional 1,937 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of BlackRock MuniHoldings Fund by 17.9% in the 1st quarter. Royal Bank of Canada now owns 73,896 shares of the company’s stock worth $868,000 after purchasing an additional 11,216 shares in the last quarter.
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.
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