Dakota Wealth Management Purchases 7,200 Shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Dakota Wealth Management grew its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,200 shares of the company’s stock after purchasing an additional 7,200 shares during the period. Dakota Wealth Management’s holdings in BlackRock MuniHoldings Fund were worth $1,554,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MHD. Envestnet Asset Management Inc. increased its holdings in BlackRock MuniHoldings Fund by 7.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 272,684 shares of the company’s stock worth $3,297,000 after buying an additional 19,295 shares in the last quarter. Insigneo Advisory Services LLC bought a new stake in BlackRock MuniHoldings Fund in the 2nd quarter worth about $121,000. Sanctuary Advisors LLC bought a new stake in BlackRock MuniHoldings Fund in the 2nd quarter worth about $271,000. Wesbanco Bank Inc. bought a new stake in BlackRock MuniHoldings Fund in the 3rd quarter worth about $286,000. Finally, Private Advisor Group LLC increased its holdings in BlackRock MuniHoldings Fund by 9.7% in the 3rd quarter. Private Advisor Group LLC now owns 16,814 shares of the company’s stock worth $213,000 after buying an additional 1,489 shares in the last quarter.

BlackRock MuniHoldings Fund Trading Down 0.9 %

NYSE MHD opened at $11.89 on Friday. BlackRock MuniHoldings Fund, Inc. has a one year low of $11.41 and a one year high of $12.96. The stock has a 50-day moving average of $12.08 and a 200 day moving average of $12.27.

BlackRock MuniHoldings Fund Announces Dividend

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

BlackRock MuniHoldings Fund Company 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.