Scarborough Advisors LLC Acquires Shares of 35,000 BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Scarborough Advisors LLC bought a new position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 35,000 shares of the company’s stock, valued at approximately $408,000.

Several other hedge funds have also recently modified their holdings of MHD. Van ECK Associates Corp increased its stake in BlackRock MuniHoldings Fund by 5.6% during the 4th quarter. Van ECK Associates Corp now owns 396,862 shares of the company’s stock worth $4,631,000 after buying an additional 20,932 shares in the last quarter. Encompass Wealth Advisors LLC increased its position in shares of BlackRock MuniHoldings Fund by 8.9% during the fourth quarter. Encompass Wealth Advisors LLC now owns 26,894 shares of the company’s stock worth $314,000 after purchasing an additional 2,200 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in BlackRock MuniHoldings Fund by 7.7% in the 4th quarter. Avior Wealth Management LLC now owns 21,974 shares of the company’s stock valued at $256,000 after purchasing an additional 1,562 shares in the last quarter. Dakota Wealth Management boosted its stake in BlackRock MuniHoldings Fund by 5.7% during the 4th quarter. Dakota Wealth Management now owns 133,200 shares of the company’s stock worth $1,554,000 after purchasing an additional 7,200 shares during the last quarter. Finally, Simon Quick Advisors LLC grew its holdings in shares of BlackRock MuniHoldings Fund by 7.4% during the fourth quarter. Simon Quick Advisors LLC now owns 15,643 shares of the company’s stock worth $183,000 after buying an additional 1,072 shares in the last quarter.

BlackRock MuniHoldings Fund Trading Up 0.7 %

Shares of NYSE MHD opened at $12.14 on Friday. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $11.41 and a 52 week high of $12.96. The firm has a 50-day simple moving average of $12.00 and a 200-day simple moving average of $12.28.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.0595 dividend. This represents a $0.71 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date of this dividend is Friday, February 14th.

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.