BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) to Issue Monthly Dividend of $0.06

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) announced a monthly dividend on Friday, December 12th. Stockholders of record on Monday, December 22nd will be given a dividend of 0.0595 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock MuniHoldings Fund Trading Up 0.1%

Shares of MHD traded up $0.01 during mid-day trading on Friday, reaching $11.69. The company had a trading volume of 156,491 shares, compared to its average volume of 101,812. BlackRock MuniHoldings Fund has a twelve month low of $10.79 and a twelve month high of $12.34. The company’s 50-day moving average is $11.73 and its 200-day moving average is $11.44.

Institutional Trading of BlackRock MuniHoldings Fund

Several large investors have recently added to or reduced their stakes in the company. World Investment Advisors acquired a new stake in shares of BlackRock MuniHoldings Fund in the second quarter valued at $115,000. Integrated Capital Management Inc. increased its position in BlackRock MuniHoldings Fund by 20.0% in the 2nd quarter. Integrated Capital Management Inc. now owns 22,273 shares of the company’s stock valued at $249,000 after acquiring an additional 3,709 shares in the last quarter. Plancorp LLC bought a new position in shares of BlackRock MuniHoldings Fund in the second quarter worth about $112,000. Advisors Asset Management Inc. lifted its position in shares of BlackRock MuniHoldings Fund by 10.6% during the second quarter. Advisors Asset Management Inc. now owns 529,834 shares of the company’s stock worth $5,934,000 after purchasing an additional 50,777 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in shares of BlackRock MuniHoldings Fund during the first quarter valued at approximately $118,000.

About BlackRock MuniHoldings Fund

BlackRock MuniHoldings Fund (NYSE:MHD) is a closed-end management investment company focused on delivering tax-exempt income through a diversified portfolio of municipal securities. The fund’s primary objective is to seek current income exempt from federal income tax, making it a potential option for investors looking to enhance after-tax yield in a fixed-income allocation.

The fund invests predominantly in investment-grade municipal bonds issued by state and local governments, authorities and agencies across the United States.