BlackRock MuniHoldings Fund, Inc. $MHD Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 52.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 307,673 shares of the company’s stock after purchasing an additional 106,109 shares during the quarter. PNC Financial Services Group Inc.’s holdings in BlackRock MuniHoldings Fund were worth $3,471,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MHD. Hollencrest Capital Management purchased a new position in shares of BlackRock MuniHoldings Fund during the 1st quarter worth approximately $26,000. Pinnacle Bancorp Inc. acquired a new stake in shares of BlackRock MuniHoldings Fund in the 1st quarter valued at approximately $38,000. Geneos Wealth Management Inc. boosted its stake in shares of BlackRock MuniHoldings Fund by 389.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after buying an additional 3,706 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of BlackRock MuniHoldings Fund in the fourth quarter valued at approximately $57,000. Finally, Camelot Portfolios LLC acquired a new position in BlackRock MuniHoldings Fund during the fourth quarter worth $62,000.

BlackRock MuniHoldings Fund Stock Up 0.2%

Shares of MHD stock opened at $11.51 on Wednesday. The business’s fifty day moving average price is $11.71 and its 200 day moving average price 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 Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.0595 per share. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Tuesday, September 15th.

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.