Beverly Hills Private Wealth LLC Invests $2.79 Million in BlackRock MuniHoldings Fund, Inc. $MHD

Beverly Hills Private Wealth LLC acquired a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 254,357 shares of the company’s stock, valued at approximately $2,795,000.

Other large investors have also added to or reduced their stakes in the company. Wealth Effects LLC acquired a new stake in BlackRock MuniHoldings Fund during the 2nd quarter worth approximately $508,000. Global Retirement Partners LLC bought a new position in shares of BlackRock MuniHoldings Fund during the second quarter valued at $240,000. Choreo LLC raised its stake in shares of BlackRock MuniHoldings Fund by 10.3% during the second quarter. Choreo LLC now owns 47,254 shares of the company’s stock valued at $565,000 after acquiring an additional 4,407 shares during the last quarter. Pettinga Financial Advisors LLC raised its stake in shares of BlackRock MuniHoldings Fund by 20.8% during the second quarter. Pettinga Financial Advisors LLC now owns 73,558 shares of the company’s stock valued at $875,000 after acquiring an additional 12,643 shares during the last quarter. Finally, Integrated Capital Management Inc. lifted its holdings in shares of BlackRock MuniHoldings Fund by 38.7% during the second quarter. Integrated Capital Management Inc. now owns 37,816 shares of the company’s stock worth $450,000 after purchasing an additional 10,552 shares during the period.

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BlackRock MuniHoldings Fund Price Performance

Shares of BlackRock MuniHoldings Fund stock opened at $11.65 on Monday. BlackRock MuniHoldings Fund, Inc. has a twelve month low of $10.99 and a twelve month high of $12.08. The company’s fifty day moving average is $11.71 and its 200 day moving average is $11.70.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0595 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

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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