BlackRock MuniHoldings Fund, Inc. $MHD Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC lessened its holdings in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 4.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 11,987,371 shares of the company’s stock after selling 518,454 shares during the quarter. BlackRock MuniHoldings Fund comprises approximately 6.8% of Rivernorth Capital Management LLC’s holdings, making the stock its largest position. Rivernorth Capital Management LLC’s holdings in BlackRock MuniHoldings Fund were worth $142,650,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MHD. Van ECK Associates Corp lifted its holdings in BlackRock MuniHoldings Fund by 6.7% in the second quarter. Van ECK Associates Corp now owns 1,384,845 shares of the company’s stock worth $16,480,000 after purchasing an additional 86,761 shares during the period. RB Capital Management LLC acquired a new position in BlackRock MuniHoldings Fund during the 2nd quarter valued at about $329,000. Equitable Holdings Inc. bought a new stake in shares of BlackRock MuniHoldings Fund during the 2nd quarter worth about $286,000. Centaurus Financial Inc. acquired a new stake in shares of BlackRock MuniHoldings Fund in the 2nd quarter worth approximately $270,000. Finally, Almitas Capital LLC acquired a new stake in shares of BlackRock MuniHoldings Fund in the 2nd quarter worth approximately $131,000.

BlackRock MuniHoldings Fund Trading Up 0.1%

BlackRock MuniHoldings Fund stock opened at $11.41 on Monday. BlackRock MuniHoldings Fund, Inc. has a 12-month low of $11.06 and a 12-month high of $12.08. The firm has a 50 day simple moving average of $11.66 and a 200-day simple moving average of $11.67.

BlackRock MuniHoldings Fund Dividend Announcement

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

About BlackRock MuniHoldings Fund

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.