Sit Investment Associates Inc. trimmed its holdings in shares of BR-MUNIHLD INSR (NYSE:MFL) by 4.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 270,022 shares of the investment management company’s stock after selling 13,216 shares during the period. Sit Investment Associates Inc.’s holdings in BR-MUNIHLD INSR were worth $3,999,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers increased its holdings in shares of BR-MUNIHLD INSR by 82.1% during the second quarter. Cetera Investment Advisers now owns 24,995 shares of the investment management company’s stock valued at $369,000 after purchasing an additional 11,270 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of BR-MUNIHLD INSR by 29.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 16,149 shares of the investment management company’s stock valued at $238,000 after purchasing an additional 3,681 shares during the period. Royal Bank of Canada increased its holdings in shares of BR-MUNIHLD INSR by 9.0% during the second quarter. Royal Bank of Canada now owns 66,423 shares of the investment management company’s stock valued at $977,000 after purchasing an additional 5,502 shares during the period. Robinson Capital Management LLC acquired a new position in shares of BR-MUNIHLD INSR during the second quarter valued at $2,955,000. Finally, HighTower Advisors LLC increased its holdings in shares of BR-MUNIHLD INSR by 7.4% during the second quarter. HighTower Advisors LLC now owns 193,361 shares of the investment management company’s stock valued at $2,843,000 after purchasing an additional 13,250 shares during the period. 14.19% of the stock is currently owned by institutional investors.

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BR-MUNIHLD INSR (NYSE MFL) opened at 14.95 on Monday. BR-MUNIHLD INSR has a one year low of $13.52 and a one year high of $15.33. The stock’s 50 day moving average price is $15.02 and its 200-day moving average price is $14.83.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Monday, October 16th will be given a dividend of $0.0715 per share. The ex-dividend date of this dividend is Friday, October 13th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 5.74%.

About BR-MUNIHLD INSR

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.

Institutional Ownership by Quarter for BR-MUNIHLD INSR (NYSE:MFL)

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