Riverbridge Partners LLC Has $626,000 Stock Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Riverbridge Partners LLC increased its position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 20.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 53,312 shares of the company’s stock after buying an additional 9,079 shares during the quarter. Riverbridge Partners LLC’s holdings in BlackRock MuniHoldings Fund were worth $626,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Pathstone Holdings LLC raised its stake in BlackRock MuniHoldings Fund by 21.1% during the 4th quarter. Pathstone Holdings LLC now owns 1,416,610 shares of the company’s stock worth $16,577,000 after buying an additional 246,450 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in BlackRock MuniHoldings Fund by 15.6% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 1,104,504 shares of the company’s stock worth $12,967,000 after buying an additional 148,946 shares during the period. Advisors Asset Management Inc. raised its stake in BlackRock MuniHoldings Fund by 15.4% during the 4th quarter. Advisors Asset Management Inc. now owns 528,557 shares of the company’s stock worth $6,168,000 after buying an additional 70,465 shares during the period. PNC Financial Services Group Inc. raised its stake in BlackRock MuniHoldings Fund by 0.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 225,087 shares of the company’s stock worth $2,627,000 after buying an additional 1,257 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in BlackRock MuniHoldings Fund by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 120,119 shares of the company’s stock worth $1,402,000 after purchasing an additional 1,367 shares in the last quarter.

BlackRock MuniHoldings Fund Price Performance

Shares of MHD opened at $11.11 on Friday. The stock has a 50 day moving average price of $11.20 and a two-hundred day moving average price of $11.68. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $10.79 and a 52 week high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a dividend of $0.0595 per share. This represents a $0.71 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date of this dividend is Friday, June 13th.

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.