Sanctuary Advisors LLC acquired a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Free 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
BlackRock MuniHoldings Fund 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.
See Also
- Five stocks we like better than BlackRock MuniHoldings Fund
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Receive News & Ratings for BlackRock MuniHoldings Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings Fund and related companies with MarketBeat.com's FREE daily email newsletter.
