Hennion & Walsh Asset Management Inc. lessened its stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Free Report) by 14.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,310,272 shares of the company’s stock after selling 382,585 shares during the quarter. BlackRock MuniHoldings Fund comprises approximately 0.8% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 17th biggest position. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniHoldings Fund were worth $27,492,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Riverbridge Partners LLC lifted its stake in shares of 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 acquiring an additional 57,999 shares during the period. Indiana Trust & Investment Management Co purchased a new stake in shares of BlackRock MuniHoldings Fund in the first quarter valued at about $767,000. Rareview Capital LLC increased its stake in shares of BlackRock MuniHoldings Fund by 23.8% during the fourth quarter. Rareview Capital LLC now owns 398,623 shares of the company’s stock worth $4,465,000 after acquiring an additional 76,718 shares during the period. Kestra Advisory Services LLC increased its stake in shares of BlackRock MuniHoldings Fund by 857.0% during the first quarter. Kestra Advisory Services LLC now owns 51,093 shares of the company’s stock worth $576,000 after acquiring an additional 45,754 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of BlackRock MuniHoldings Fund by 1,183.3% during the first quarter. Cetera Investment Advisers now owns 238,931 shares of the company’s stock worth $2,695,000 after acquiring an additional 220,313 shares during the period.
BlackRock MuniHoldings Fund Price Performance
NYSE MHD opened at $11.62 on Friday. BlackRock MuniHoldings Fund, Inc. has a 52-week low of $10.99 and a 52-week high of $12.08. The firm has a 50-day moving average price of $11.72 and a 200 day moving average price of $11.71.
BlackRock MuniHoldings Fund Announces Dividend
About BlackRock MuniHoldings Fund
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.
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