Arbor Trust Wealth Advisors LLC Acquires Shares of 13,000 BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Arbor Trust Wealth Advisors LLC bought a new position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,000 shares of the company’s stock, valued at approximately $158,000.

A number of other hedge funds also recently made changes to their positions in the company. U.S. Capital Wealth Advisors LLC increased its stake in BlackRock MuniHoldings Fund by 47.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 18,811 shares of the company’s stock worth $224,000 after acquiring an additional 6,043 shares during the last quarter. Spire Wealth Management increased its position in BlackRock MuniHoldings Fund by 51.6% in the fourth quarter. Spire Wealth Management now owns 4,000 shares of the company’s stock worth $47,000 after purchasing an additional 1,362 shares during the last quarter. Summit Trail Advisors LLC raised its stake in BlackRock MuniHoldings Fund by 34.6% during the fourth quarter. Summit Trail Advisors LLC now owns 17,349 shares of the company’s stock valued at $207,000 after purchasing an additional 4,464 shares in the last quarter. Fiera Capital Corp lifted its position in BlackRock MuniHoldings Fund by 8.3% during the fourth quarter. Fiera Capital Corp now owns 850,647 shares of the company’s stock valued at $10,131,000 after purchasing an additional 65,450 shares during the last quarter. Finally, Robinson Capital Management LLC grew its stake in shares of BlackRock MuniHoldings Fund by 10.6% in the 4th quarter. Robinson Capital Management LLC now owns 258,858 shares of the company’s stock worth $3,083,000 after buying an additional 24,902 shares in the last quarter.

BlackRock MuniHoldings Fund Stock Performance

BlackRock MuniHoldings Fund stock opened at $12.42 on Thursday. The company’s 50-day moving average price is $12.14 and its 200-day moving average price is $11.95. BlackRock MuniHoldings Fund, Inc. has a twelve month low of $9.92 and a twelve month high of $12.48.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th will be paid a dividend of $0.0525 per share. The ex-dividend date is Monday, September 16th. This represents a $0.63 annualized dividend and a yield of 5.07%.

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.