Riverbridge Partners LLC Purchases 57,999 Shares of BlackRock MuniHoldings Fund, Inc. $MHD

Riverbridge Partners LLC lifted its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 100.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 115,874 shares of the company’s stock after buying an additional 57,999 shares during the period. Riverbridge Partners LLC’s holdings in BlackRock MuniHoldings Fund were worth $1,307,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its stake in BlackRock MuniHoldings Fund by 813.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 509,105 shares of the company’s stock valued at $5,977,000 after acquiring an additional 453,353 shares in the last quarter. Rareview Capital LLC increased its position in shares of BlackRock MuniHoldings Fund by 23.8% during the fourth quarter. Rareview Capital LLC now owns 398,623 shares of the company’s stock worth $4,465,000 after purchasing an additional 76,718 shares in the last quarter. City of London Investment Management Co. Ltd. increased its position in shares of BlackRock MuniHoldings Fund by 52.7% during the third quarter. City of London Investment Management Co. Ltd. now owns 371,247 shares of the company’s stock worth $4,362,000 after purchasing an additional 128,150 shares in the last quarter. Allegheny Financial Group purchased a new stake in shares of BlackRock MuniHoldings Fund during the 1st quarter valued at $1,754,000. Finally, M&T Bank Corp lifted its holdings in shares of BlackRock MuniHoldings Fund by 89.0% during the 4th quarter. M&T Bank Corp now owns 20,266 shares of the company’s stock valued at $238,000 after purchasing an additional 9,543 shares during the last quarter.

BlackRock MuniHoldings Fund Price Performance

BlackRock MuniHoldings Fund stock opened at $11.77 on Thursday. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $10.92 and a 1-year high of $12.05. The business has a fifty day moving average price of $11.69 and a 200-day moving average price of $11.71.

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 issued a $0.0595 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock MuniHoldings Fund Company 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.