BlackRock MuniHoldings Fund, Inc. (NYSE:MHD – Get Free Report) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 45,600 shares, a decline of 16.3% from the January 31st total of 54,500 shares. Based on an average daily volume of 103,700 shares, the short-interest ratio is presently 0.4 days.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in shares of BlackRock MuniHoldings Fund by 3.6% during the 4th quarter. NewEdge Advisors LLC now owns 30,606 shares of the company’s stock valued at $357,000 after purchasing an additional 1,056 shares during the period. Simon Quick Advisors LLC grew its holdings in BlackRock MuniHoldings Fund by 7.4% during the 4th quarter. Simon Quick Advisors LLC now owns 15,643 shares of the company’s stock valued at $183,000 after buying an additional 1,072 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of BlackRock MuniHoldings Fund by 0.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 225,087 shares of the company’s stock valued at $2,627,000 after buying an additional 1,257 shares during the period. Compass Financial Group INC SD lifted its holdings in shares of BlackRock MuniHoldings Fund by 0.6% in the fourth quarter. Compass Financial Group INC SD now owns 211,638 shares of the company’s stock worth $2,470,000 after buying an additional 1,270 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of BlackRock MuniHoldings Fund by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 120,119 shares of the company’s stock valued at $1,402,000 after acquiring an additional 1,367 shares during the period.
BlackRock MuniHoldings Fund Price Performance
MHD traded down $0.02 during trading on Wednesday, hitting $12.02. 103,848 shares of the company traded hands, compared to its average volume of 101,011. BlackRock MuniHoldings Fund has a one year low of $11.41 and a one year high of $12.96. The stock’s fifty day moving average is $11.98 and its 200 day moving average is $12.27.
BlackRock MuniHoldings Fund Dividend Announcement
BlackRock MuniHoldings Fund Company Profile
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.
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