Steward Partners Investment Advisory LLC Increases Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Steward Partners Investment Advisory LLC boosted its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 71.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,436 shares of the company’s stock after acquiring an additional 4,338 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in BlackRock MuniHoldings Fund were worth $122,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MHD. HighTower Advisors LLC lifted its stake in shares of BlackRock MuniHoldings Fund by 7.2% in the third quarter. HighTower Advisors LLC now owns 57,978 shares of the company’s stock worth $735,000 after buying an additional 3,897 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of BlackRock MuniHoldings Fund by 5.2% in the fourth quarter. Park Avenue Securities LLC now owns 92,500 shares of the company’s stock worth $1,079,000 after buying an additional 4,587 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of BlackRock MuniHoldings Fund by 4.5% in the third quarter. Oppenheimer & Co. Inc. now owns 33,543 shares of the company’s stock worth $424,000 after buying an additional 1,456 shares in the last quarter. US Bancorp DE bought a new position in shares of BlackRock MuniHoldings Fund in the third quarter worth approximately $48,000. Finally, Van ECK Associates Corp lifted its position in BlackRock MuniHoldings Fund by 5.6% during the fourth quarter. Van ECK Associates Corp now owns 396,862 shares of the company’s stock valued at $4,631,000 after purchasing an additional 20,932 shares during the period.

BlackRock MuniHoldings Fund Stock Performance

Shares of BlackRock MuniHoldings Fund stock opened at $11.70 on Monday. The company’s 50 day moving average is $12.01 and its 200 day moving average is $12.24. BlackRock MuniHoldings Fund, Inc. has a twelve month low of $11.41 and a twelve month high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a dividend of $0.0595 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.71 dividend on an annualized basis and a yield of 6.10%.

BlackRock MuniHoldings Fund 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.