Advisors Asset Management Inc. Lowers Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Advisors Asset Management Inc. lessened its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 5.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 451,044 shares of the company’s stock after selling 26,039 shares during the quarter. Advisors Asset Management Inc.’s holdings in BlackRock MuniHoldings Fund were worth $5,449,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Spire Wealth Management raised its stake in BlackRock MuniHoldings Fund by 51.6% during the fourth quarter. Spire Wealth Management now owns 4,000 shares of the company’s stock valued at $47,000 after buying an additional 1,362 shares during the last quarter. Ackerman Capital Advisors LLC purchased a new position in BlackRock MuniHoldings Fund during the first quarter valued at $125,000. Concourse Financial Group Securities Inc. raised its stake in BlackRock MuniHoldings Fund by 24.6% during the first quarter. Concourse Financial Group Securities Inc. now owns 10,962 shares of the company’s stock valued at $133,000 after buying an additional 2,165 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of BlackRock MuniHoldings Fund in the 4th quarter worth $198,000. Finally, Summit Trail Advisors LLC increased its holdings in shares of BlackRock MuniHoldings Fund by 34.6% in the 4th quarter. Summit Trail Advisors LLC now owns 17,349 shares of the company’s stock worth $207,000 after purchasing an additional 4,464 shares in the last quarter.

BlackRock MuniHoldings Fund Stock Up 0.6 %

Shares of BlackRock MuniHoldings Fund stock traded up $0.07 on Friday, reaching $12.00. The company’s stock had a trading volume of 52,913 shares, compared to its average volume of 106,230. The firm’s fifty day simple moving average is $11.94 and its two-hundred day simple moving average is $11.87. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $9.92 and a 52 week high of $12.21.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Monday, July 15th will be issued a $0.0525 dividend. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date is Monday, July 15th.

About BlackRock MuniHoldings Fund

BlackRock MuniHoldings Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes.