LM Advisors LLC Makes New $1.84 Million Investment in BlackRock MuniHoldings Fund, Inc. $MHD

LM Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHDFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 154,456 shares of the company’s stock, valued at approximately $1,837,000.

Several other large investors have also made changes to their positions in MHD. Rivernorth Capital Management LLC boosted its stake in shares of BlackRock MuniHoldings Fund by 199.7% in the first quarter. Rivernorth Capital Management LLC now owns 12,505,825 shares of the company’s stock worth $141,066,000 after acquiring an additional 8,333,674 shares during the period. Bank of America Corp DE grew its position in shares of BlackRock MuniHoldings Fund by 157.3% during the first quarter. Bank of America Corp DE now owns 1,807,154 shares of the company’s stock worth $20,385,000 after purchasing an additional 1,104,859 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in BlackRock MuniHoldings Fund by 116.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,102,849 shares of the company’s stock valued at $12,440,000 after purchasing an additional 593,744 shares during the period. Advisors Asset Management Inc. raised its stake in BlackRock MuniHoldings Fund by 21.2% during the 4th quarter. Advisors Asset Management Inc. now owns 644,275 shares of the company’s stock valued at $7,564,000 after purchasing an additional 112,528 shares during the period. Finally, Rareview Capital LLC raised its stake in BlackRock MuniHoldings Fund by 52.1% during the 1st quarter. Rareview Capital LLC now owns 606,318 shares of the company’s stock valued at $6,791,000 after purchasing an additional 207,695 shares during the period.

BlackRock MuniHoldings Fund Price Performance

NYSE MHD opened at $11.41 on Friday. BlackRock MuniHoldings Fund, Inc. has a 12 month low of $11.02 and a 12 month high of $12.08. The stock’s 50 day moving average is $11.69 and its 200 day moving average is $11.69.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.0595 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 6.3%.

BlackRock MuniHoldings Fund Profile

(Free Report)

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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Institutional Ownership by Quarter for BlackRock MuniHoldings Fund (NYSE:MHD)

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