BlackRock MuniHoldings Fund, Inc. (MHD) to Issue Monthly Dividend of $0.06 on March 2nd

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 6th will be given a dividend of 0.0595 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock MuniHoldings Fund Stock Performance

NYSE:MHD traded down $0.01 on Wednesday, reaching $11.93. The stock had a trading volume of 119,947 shares, compared to its average volume of 125,549. BlackRock MuniHoldings Fund has a 12-month low of $10.79 and a 12-month high of $12.34. The company has a 50-day moving average of $11.75 and a 200 day moving average of $11.59.

Institutional Trading of BlackRock MuniHoldings Fund

Several institutional investors and hedge funds have recently bought and sold shares of MHD. Allspring Global Investments Holdings LLC increased its position in BlackRock MuniHoldings Fund by 813.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 509,105 shares of the company’s stock worth $5,977,000 after buying an additional 453,353 shares during the period. Rareview Capital LLC lifted its holdings in BlackRock MuniHoldings Fund by 143.0% in the second quarter. Rareview Capital LLC now owns 301,003 shares of the company’s stock worth $3,371,000 after purchasing an additional 177,131 shares during the period. Mackay Shields LLC grew its holdings in BlackRock MuniHoldings Fund by 7.4% during the second quarter. Mackay Shields LLC now owns 2,126,547 shares of the company’s stock worth $23,817,000 after acquiring an additional 146,861 shares during the period. City of London Investment Management Co. Ltd. grew its stake in shares of BlackRock MuniHoldings Fund by 52.7% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 371,247 shares of the company’s stock worth $4,362,000 after purchasing an additional 128,150 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in shares of BlackRock MuniHoldings Fund by 3,256.4% during the second quarter. Wolverine Asset Management LLC now owns 90,522 shares of the company’s stock valued at $1,014,000 after purchasing an additional 87,825 shares during the last quarter.

About BlackRock MuniHoldings Fund

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.