127,261 Shares in BlackRock MuniHoldings Fund, Inc. $MHD Purchased by Peak Asset Management LLC

Peak Asset Management LLC purchased a new stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 127,261 shares of the company’s stock, valued at approximately $1,514,000.

Other large investors have also recently added to or reduced their stakes in the company. Riverbridge Partners LLC lifted its position in shares of BlackRock MuniHoldings Fund by 100.2% in the 1st quarter. Riverbridge Partners LLC now owns 115,874 shares of the company’s stock worth $1,307,000 after acquiring an additional 57,999 shares during the period. Indiana Trust & Investment Management Co bought a new stake in shares of BlackRock MuniHoldings Fund during the first quarter valued at approximately $767,000. Kestra Advisory Services LLC increased its position in shares of BlackRock MuniHoldings Fund by 857.0% during the first quarter. Kestra Advisory Services LLC now owns 51,093 shares of the company’s stock valued at $576,000 after purchasing an additional 45,754 shares during the period. Rivernorth Capital Management LLC raised its stake in shares of BlackRock MuniHoldings Fund by 199.7% in the first quarter. Rivernorth Capital Management LLC now owns 12,505,825 shares of the company’s stock valued at $141,066,000 after purchasing an additional 8,333,674 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in shares of BlackRock MuniHoldings Fund in the second quarter valued at $741,000.

BlackRock MuniHoldings Fund Price Performance

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

BlackRock MuniHoldings Fund Dividend Announcement

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

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.