BlackRock MuniHoldings Fund, Inc. $MHD Shares Acquired by Palogic Value Management L.P.

Palogic Value Management L.P. raised its stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 13.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,974 shares of the company’s stock after acquiring an additional 4,580 shares during the period. Palogic Value Management L.P.’s holdings in BlackRock MuniHoldings Fund were worth $446,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wolverine Asset Management LLC increased its position in shares of BlackRock MuniHoldings Fund by 1,248.5% during the first quarter. Wolverine Asset Management LLC now owns 2,697 shares of the company’s stock valued at $32,000 after acquiring an additional 2,497 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at about $118,000. Ameriflex Group Inc. acquired a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at about $119,000. Nuveen LLC acquired a new stake in shares of BlackRock MuniHoldings Fund during the first quarter valued at about $119,000. Finally, Summit Trail Advisors LLC acquired a new position in shares of BlackRock MuniHoldings Fund in the first quarter valued at approximately $121,000.

BlackRock MuniHoldings Fund Stock Performance

Shares of MHD stock opened at $11.16 on Friday. The company has a 50 day moving average price of $11.14 and a 200 day moving average price of $11.36. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $10.79 and a fifty-two week high of $12.96.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be issued a $0.0595 dividend. The ex-dividend date is Friday, August 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

BlackRock MuniHoldings Fund Company 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.