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

Citadel Advisors LLC bought a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 70,229 shares of the company’s stock, valued at approximately $836,000.

Other institutional investors have also modified their holdings of the company. Hollencrest Capital Management acquired a new stake in BlackRock MuniHoldings Fund during the first quarter valued at approximately $26,000. Pinnacle Bancorp Inc. bought a new stake in BlackRock MuniHoldings Fund during the first quarter valued at $38,000. First Bancorp Inc ME bought a new position in BlackRock MuniHoldings Fund in the second quarter worth about $42,000. Geneos Wealth Management Inc. boosted its position in BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after purchasing an additional 3,706 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in BlackRock MuniHoldings Fund during the 4th quarter valued at approximately $57,000.

BlackRock MuniHoldings Fund Trading Up 0.3%

Shares of NYSE MHD opened at $11.07 on Friday. The stock has a 50 day simple moving average of $11.54 and a 200-day simple moving average of $11.63. BlackRock MuniHoldings Fund, Inc. has a 12-month low of $10.96 and a 12-month high of $12.08.

BlackRock MuniHoldings Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be issued a dividend of $0.0595 per share. The ex-dividend date is Friday, December 11th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

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.