Indiana Trust & Investment Management Co Makes New $767,000 Investment in BlackRock MuniHoldings Fund, Inc. $MHD

Indiana Trust & Investment Management Co acquired a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the first quarter, Holdings Channel.com reports. The fund acquired 68,000 shares of the company’s stock, valued at approximately $767,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in BlackRock MuniHoldings Fund by 17.9% during the 1st quarter. Royal Bank of Canada now owns 73,896 shares of the company’s stock valued at $868,000 after acquiring an additional 11,216 shares during the period. NewEdge Advisors LLC increased its stake in BlackRock MuniHoldings Fund by 6.3% during the first quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after purchasing an additional 1,937 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of BlackRock MuniHoldings Fund during the first quarter worth about $118,000. Geneos Wealth Management Inc. boosted its stake in shares of BlackRock MuniHoldings Fund by 389.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after purchasing an additional 3,706 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of BlackRock MuniHoldings Fund by 39.3% in the second quarter. Invesco Ltd. now owns 172,436 shares of the company’s stock valued at $1,931,000 after purchasing an additional 48,644 shares during the period.

BlackRock MuniHoldings Fund Stock Performance

Shares of MHD stock opened at $11.90 on Monday. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $10.92 and a fifty-two week high of $12.05. The company has a 50 day moving average price of $11.70 and a 200 day moving average price of $11.72.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a $0.0595 dividend. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

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.