Kestra Advisory Services LLC Boosts Holdings in BlackRock MuniHoldings Fund, Inc. $MHD

Kestra Advisory Services LLC grew its stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 857.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,093 shares of the company’s stock after purchasing an additional 45,754 shares during the quarter. Kestra Advisory Services LLC’s holdings in BlackRock MuniHoldings Fund were worth $576,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MHD. Royal Bank of Canada lifted its stake 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 in the last quarter. NewEdge Advisors LLC increased its stake 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 in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of BlackRock MuniHoldings Fund during the first quarter valued at approximately $118,000. Geneos Wealth Management Inc. raised its holdings in shares of BlackRock MuniHoldings Fund by 389.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after acquiring an additional 3,706 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of BlackRock MuniHoldings Fund by 39.3% during the second quarter. Invesco Ltd. now owns 172,436 shares of the company’s stock valued at $1,931,000 after acquiring an additional 48,644 shares during the last quarter.

BlackRock MuniHoldings Fund Stock Performance

NYSE MHD opened at $11.46 on Monday. The stock’s 50 day simple moving average is $11.71 and its 200-day simple moving average is $11.73. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $10.99 and a 1-year 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 paid a $0.0595 dividend. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock MuniHoldings Fund Company 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.