Summit Trail Advisors LLC Takes Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Summit Trail Advisors LLC acquired a new position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,202 shares of the company’s stock, valued at approximately $121,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC purchased a new stake in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at approximately $48,000. Citadel Advisors LLC acquired a new position in BlackRock MuniHoldings Fund in the fourth quarter valued at approximately $118,000. Ameriflex Group Inc. purchased a new position in BlackRock MuniHoldings Fund in the fourth quarter worth approximately $119,000. Steward Partners Investment Advisory LLC grew its position in BlackRock MuniHoldings Fund by 71.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock worth $122,000 after acquiring an additional 4,338 shares during the period. Finally, Northern Trust Corp acquired a new stake in BlackRock MuniHoldings Fund during the fourth quarter worth $131,000.

BlackRock MuniHoldings Fund Stock Performance

NYSE:MHD opened at $11.26 on Friday. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $10.79 and a 52 week high of $12.96. The stock’s fifty day moving average is $11.23 and its two-hundred day moving average is $11.58.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 15th will be given a dividend of $0.0595 per share. This represents a $0.71 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date is Tuesday, July 15th.

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.