BlackRock MuniHoldings Fund, Inc. (MHD) to Distribute Monthly Dividend of $0.06 on December 1st

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be paid a dividend of $0.0595 per share on Tuesday, December 1st. This represents a $0.71 annualized dividend and a yield of 6.6%. The ex-dividend date is Friday, November 13th.

BlackRock MuniHoldings Fund Stock Down 0.1%

NYSE:MHD opened at $10.78 on Wednesday. The business’s 50 day moving average is $10.66 and its two-hundred day moving average is $11.43. BlackRock MuniHoldings Fund has a 52 week low of $9.98 and a 52 week high of $12.08.

Institutional Investors Weigh In On BlackRock MuniHoldings Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Jacobi Capital Management LLC acquired a new position in shares of BlackRock MuniHoldings Fund during the third quarter valued at $51,000. Riverbridge Partners LLC lifted its position in BlackRock MuniHoldings Fund by 22.5% during the 3rd quarter. Riverbridge Partners LLC now owns 137,417 shares of the company’s stock valued at $1,410,000 after purchasing an additional 25,279 shares during the period. Allspring Global Investments Holdings LLC lifted its position in BlackRock MuniHoldings Fund by 1.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,281,646 shares of the company’s stock valued at $13,150,000 after purchasing an additional 17,894 shares during the period. Beverly Hills Private Wealth LLC bought a new position in shares of BlackRock MuniHoldings Fund in the 3rd quarter valued at about $157,000. Finally, Formidable Asset Management LLC boosted its stake in shares of BlackRock MuniHoldings Fund by 22.0% in the 3rd quarter. Formidable Asset Management LLC now owns 21,266 shares of the company’s stock valued at $218,000 after purchasing an additional 3,828 shares during the last quarter.

BlackRock MuniHoldings Fund Company Profile

BlackRock MuniHoldings Fund, Inc. is a closed-end investment company listed on the New York Stock Exchange under the symbol MHD. The fund seeks to provide current income exempt from regular U.S. federal income tax by investing primarily in a portfolio of long-term municipal obligations. Its investments generally include bonds and other debt securities issued by states, cities, counties, municipalities, public authorities and other governmental entities throughout the United States. These securities may finance public infrastructure and services such as transportation, utilities, education and health care.