486,473 Shares in BlackRock MuniHoldings Fund, Inc. $MHD Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 486,473 shares of the company’s stock, valued at approximately $5,346,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MHD. Hollencrest Capital Management purchased a new stake in BlackRock MuniHoldings Fund during the first quarter worth approximately $26,000. Pinnacle Bancorp Inc. purchased a new position in shares of BlackRock MuniHoldings Fund in the 1st quarter valued at $38,000. Geneos Wealth Management Inc. raised its stake in shares of BlackRock MuniHoldings Fund by 389.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after acquiring an additional 3,706 shares during the period. Global Retirement Partners LLC purchased a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at $57,000. Finally, Camelot Portfolios LLC acquired a new position in shares of BlackRock MuniHoldings Fund during the 4th quarter valued at $62,000.

BlackRock MuniHoldings Fund Price Performance

Shares of BlackRock MuniHoldings Fund stock opened at $11.40 on Tuesday. BlackRock MuniHoldings Fund, Inc. has a twelve month low of $11.03 and a twelve month high of $12.08. The company has a fifty day moving average price of $11.68 and a 200 day moving average price of $11.68.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.0595 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniHoldings Fund Profile

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.