Ameriprise Financial Inc. Increases Stake in BR-MUNIHLD INSR (MFL)
Ameriprise Financial Inc. lifted its holdings in BR-MUNIHLD INSR (NYSE:MFL) by 27.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 69,390 shares of the investment management company’s stock after purchasing an additional 14,774 shares during the period. Ameriprise Financial Inc.’s holdings in BR-MUNIHLD INSR were worth $1,021,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in MFL. First Trust Advisors LP lifted its position in shares of BR-MUNIHLD INSR by 12.4% in the 2nd quarter. First Trust Advisors LP now owns 72,887 shares of the investment management company’s stock worth $1,072,000 after purchasing an additional 8,047 shares during the period. Advisors Asset Management Inc. lifted its position in shares of BR-MUNIHLD INSR by 43.9% in the 2nd quarter. Advisors Asset Management Inc. now owns 76,081 shares of the investment management company’s stock worth $1,119,000 after purchasing an additional 23,205 shares during the period. Greytown Advisors Inc. lifted its position in shares of BR-MUNIHLD INSR by 20.0% in the 2nd quarter. Greytown Advisors Inc. now owns 49,870 shares of the investment management company’s stock worth $735,000 after purchasing an additional 8,300 shares during the period. Finally, Strid Group LLC purchased a new stake in shares of BR-MUNIHLD INSR in the 2nd quarter worth approximately $148,000. 14.24% of the stock is owned by hedge funds and other institutional investors.
Shares of BR-MUNIHLD INSR (NYSE:MFL) opened at $15.19 on Wednesday. BR-MUNIHLD INSR has a 52-week low of $13.52 and a 52-week high of $15.33.
The company also recently announced a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a dividend of $0.0715 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.86 dividend on an annualized basis and a yield of 5.65%.
BR-MUNIHLD INSR Company Profile
BlackRock MuniHoldings Investment Quality Fund (the Trust) is a non-diversified, closed-end management investment trust. The Trust’s investment objective is to provide shareholders with current income exempt from federal income tax and to provide shareholders with the opportunity to own shares the value of which is exempt from Florida intangible personal property tax.
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