Raymond James & Associates Increases Stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Raymond James & Associates increased its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 92.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,890 shares of the company’s stock after purchasing an additional 30,164 shares during the quarter. Raymond James & Associates’ holdings in BlackRock MuniHoldings Fund were worth $749,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Ironsides Asset Advisors LLC purchased a new position in shares of BlackRock MuniHoldings Fund in the third quarter worth about $113,000. Sfmg LLC bought a new stake in BlackRock MuniHoldings Fund in the third quarter valued at approximately $125,000. Aviance Capital Partners LLC boosted its stake in shares of BlackRock MuniHoldings Fund by 15.1% during the third quarter. Aviance Capital Partners LLC now owns 15,950 shares of the company’s stock valued at $164,000 after purchasing an additional 2,096 shares during the period. Moody National Bank Trust Division grew its holdings in shares of BlackRock MuniHoldings Fund by 8.2% in the fourth quarter. Moody National Bank Trust Division now owns 16,291 shares of the company’s stock worth $194,000 after purchasing an additional 1,228 shares during the last quarter. Finally, Simon Quick Advisors LLC purchased a new position in shares of BlackRock MuniHoldings Fund in the third quarter worth $178,000.

BlackRock MuniHoldings Fund Trading Up 0.3 %

NYSE:MHD opened at $11.52 on Wednesday. The company has a fifty day moving average of $11.88 and a 200 day moving average of $11.52. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $9.92 and a 52 week high of $12.18.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a dividend of $0.0525 per share. This represents a $0.63 annualized dividend and a dividend yield of 5.47%. The ex-dividend date of this dividend is Friday, April 12th.

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.