Riverbridge Partners LLC Decreases Stock Position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Riverbridge Partners LLC decreased its position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 14.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 44,233 shares of the company’s stock after selling 7,329 shares during the period. Riverbridge Partners LLC’s holdings in BlackRock MuniHoldings Fund were worth $516,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC grew its stake in shares of BlackRock MuniHoldings Fund by 1.6% during the third quarter. Rivernorth Capital Management LLC now owns 4,129,514 shares of the company’s stock valued at $52,238,000 after acquiring an additional 66,534 shares in the last quarter. Pathstone Holdings LLC grew its stake in BlackRock MuniHoldings Fund by 17.0% during the 3rd quarter. Pathstone Holdings LLC now owns 1,170,160 shares of the company’s stock valued at $14,803,000 after purchasing an additional 170,216 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in BlackRock MuniHoldings Fund by 77.5% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 955,558 shares of the company’s stock worth $11,151,000 after purchasing an additional 417,067 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of BlackRock MuniHoldings Fund by 7.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 272,684 shares of the company’s stock valued at $3,297,000 after purchasing an additional 19,295 shares in the last quarter. Finally, Dakota Wealth Management boosted its stake in shares of BlackRock MuniHoldings Fund by 5.7% during the 4th quarter. Dakota Wealth Management now owns 133,200 shares of the company’s stock valued at $1,554,000 after buying an additional 7,200 shares during the last quarter.

BlackRock MuniHoldings Fund Stock Performance

Shares of NYSE:MHD opened at $11.89 on Friday. The company has a fifty day simple moving average of $12.08 and a 200 day simple moving average of $12.27. BlackRock MuniHoldings Fund, Inc. has a 12-month low of $11.41 and a 12-month high of $12.96.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a $0.0595 dividend. This represents a $0.71 annualized dividend and a dividend yield of 6.01%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniHoldings Fund 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.