Sanctuary Advisors LLC Takes Position in BlackRock MuniHoldings Fund, Inc. $MHD

Sanctuary Advisors LLC acquired a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHDFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 486,473 shares of the company’s stock, valued at approximately $5,346,000.

A number of other hedge funds have also modified their holdings of the business. Royal Bank of Canada grew its position in BlackRock MuniHoldings Fund by 17.9% in the 1st quarter. Royal Bank of Canada now owns 73,896 shares of the company’s stock valued at $868,000 after buying an additional 11,216 shares during the last quarter. NewEdge Advisors LLC raised its position in BlackRock MuniHoldings Fund by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after buying an additional 1,937 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in BlackRock MuniHoldings Fund during the 1st quarter worth $118,000. Geneos Wealth Management Inc. lifted its stake in shares of BlackRock MuniHoldings Fund by 389.7% in the 1st 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 during the period. Finally, Invesco Ltd. lifted its stake in shares of BlackRock MuniHoldings Fund by 39.3% in the 2nd quarter. Invesco Ltd. now owns 172,436 shares of the company’s stock worth $1,931,000 after acquiring an additional 48,644 shares during the period.

BlackRock MuniHoldings Fund Price Performance

Shares of NYSE:MHD opened at $11.40 on Tuesday. The firm’s 50-day simple moving average is $11.68 and its 200-day simple moving average is $11.68. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $11.03 and a fifty-two week high of $12.08.

BlackRock MuniHoldings Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.0595 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a 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.

See Also

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

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