Scarborough Advisors LLC Makes New $408,000 Investment in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Scarborough Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,000 shares of the company’s stock, valued at approximately $408,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MHD. Hennion & Walsh Asset Management Inc. increased its stake in BlackRock MuniHoldings Fund by 77.5% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 955,558 shares of the company’s stock valued at $11,151,000 after purchasing an additional 417,067 shares in the last quarter. Pathstone Holdings LLC increased its position in shares of BlackRock MuniHoldings Fund by 17.0% in the 3rd quarter. Pathstone Holdings LLC now owns 1,170,160 shares of the company’s stock valued at $14,803,000 after acquiring an additional 170,216 shares during the period. Rivernorth Capital Management LLC raised its stake in BlackRock MuniHoldings Fund by 1.6% in the 3rd quarter. Rivernorth Capital Management LLC now owns 4,129,514 shares of the company’s stock worth $52,238,000 after acquiring an additional 66,534 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in BlackRock MuniHoldings Fund during the 2nd quarter worth about $271,000. Finally, Ackerman Capital Advisors LLC grew its stake in BlackRock MuniHoldings Fund by 42.1% during the 3rd quarter. Ackerman Capital Advisors LLC now owns 70,640 shares of the company’s stock valued at $894,000 after purchasing an additional 20,935 shares during the last quarter.

BlackRock MuniHoldings Fund Stock Performance

Shares of NYSE:MHD opened at $12.14 on Friday. BlackRock MuniHoldings Fund, Inc. has a 52-week low of $11.41 and a 52-week high of $12.96. The business has a 50-day moving average price of $12.00 and a 200-day moving average price of $12.28.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.0595 per share. This represents a $0.71 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date of this dividend is Friday, February 14th.

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.