US Bancorp DE Makes New Investment in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

US Bancorp DE acquired a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,800 shares of the company’s stock, valued at approximately $48,000.

Other hedge funds also recently made changes to their positions in the company. Karpus Management Inc. grew its holdings in BlackRock MuniHoldings Fund by 9.9% during the 1st quarter. Karpus Management Inc. now owns 6,202,504 shares of the company’s stock valued at $74,926,000 after purchasing an additional 556,998 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in BlackRock MuniHoldings Fund by 84.3% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 538,491 shares of the company’s stock valued at $6,812,000 after buying an additional 246,335 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of BlackRock MuniHoldings Fund by 7.6% during the second quarter. Envestnet Asset Management Inc. now owns 272,684 shares of the company’s stock valued at $3,297,000 after acquiring an additional 19,295 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of BlackRock MuniHoldings Fund by 2.1% during the second quarter. Bank of New York Mellon Corp now owns 118,794 shares of the company’s stock valued at $1,436,000 after acquiring an additional 2,499 shares in the last quarter. Finally, Ackerman Capital Advisors LLC increased its position in shares of BlackRock MuniHoldings Fund by 42.1% during the third quarter. Ackerman Capital Advisors LLC now owns 70,640 shares of the company’s stock worth $894,000 after acquiring an additional 20,935 shares during the last quarter.

BlackRock MuniHoldings Fund Price Performance

Shares of MHD opened at $12.13 on Monday. BlackRock MuniHoldings Fund, Inc. has a one year low of $11.04 and a one year high of $12.96. The stock has a 50-day moving average price of $12.53 and a 200 day moving average price of $12.20.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.0595 per share. This represents a $0.71 annualized dividend and a dividend yield of 5.89%. The ex-dividend date of this dividend is Friday, November 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.