Noble Wealth Management PBC Cuts Holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Noble Wealth Management PBC lowered its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 5.5% during the first quarter, HoldingsChannel reports. The fund owned 102,630 shares of the company’s stock after selling 5,935 shares during the period. Noble Wealth Management PBC’s holdings in BlackRock MuniHoldings Fund were worth $1,205,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MHD. Signaturefd LLC purchased a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at about $48,000. Citadel Advisors LLC purchased a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at about $118,000. Ameriflex Group Inc. purchased a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at about $119,000. Steward Partners Investment Advisory LLC increased its holdings in shares of BlackRock MuniHoldings Fund by 71.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock valued at $122,000 after acquiring an additional 4,338 shares during the last quarter. Finally, Northern Trust Corp purchased a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at about $131,000.

BlackRock MuniHoldings Fund Trading Up 0.4%

MHD opened at $11.19 on Thursday. BlackRock MuniHoldings Fund, Inc. has a one year low of $10.79 and a one year high of $12.96. The business’s 50-day simple moving average is $11.19 and its 200-day simple moving average is $11.73.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be issued a $0.0595 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 6.38%.

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.