Rareview Capital LLC cut its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Free Report) by 9.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 548,051 shares of the company’s stock after selling 58,267 shares during the quarter. BlackRock MuniHoldings Fund accounts for about 3.1% of Rareview Capital LLC’s holdings, making the stock its 7th biggest holding. Rareview Capital LLC’s holdings in BlackRock MuniHoldings Fund were worth $6,138,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in MHD. Hollencrest Capital Management acquired a new position in shares of BlackRock MuniHoldings Fund in the first quarter valued at approximately $26,000. Pinnacle Bancorp Inc. acquired a new stake in BlackRock MuniHoldings Fund during the 1st quarter worth approximately $38,000. First Bancorp Inc ME acquired a new stake in BlackRock MuniHoldings Fund during the 2nd quarter worth approximately $42,000. Geneos Wealth Management Inc. grew its holdings in BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after acquiring an additional 3,706 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new stake in BlackRock MuniHoldings Fund during the 4th quarter worth approximately $57,000.
BlackRock MuniHoldings Fund Trading Down 0.2%
Shares of NYSE:MHD opened at $11.21 on Friday. The firm’s fifty day moving average is $11.62 and its 200-day moving average is $11.66. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $11.05 and a 52 week high of $12.08.
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.
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