Ackerman Capital Advisors LLC Decreases Position in BlackRock MuniHoldings Fund, Inc. $MHD

Ackerman Capital Advisors LLC reduced its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 3.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 75,672 shares of the company’s stock after selling 2,324 shares during the period. Ackerman Capital Advisors LLC’s holdings in BlackRock MuniHoldings Fund were worth $848,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MHD. Mackay Shields LLC lifted its holdings in shares of BlackRock MuniHoldings Fund by 7.4% during the second quarter. Mackay Shields LLC now owns 2,126,547 shares of the company’s stock worth $23,817,000 after purchasing an additional 146,861 shares during the period. River Street Advisors LLC acquired a new position in shares of BlackRock MuniHoldings Fund during the second quarter worth about $156,000. Hilltop National Bank acquired a new stake in BlackRock MuniHoldings Fund in the second quarter valued at about $45,000. Encompass Wealth Advisors LLC increased its position in BlackRock MuniHoldings Fund by 8.6% during the 2nd quarter. Encompass Wealth Advisors LLC now owns 29,194 shares of the company’s stock worth $327,000 after purchasing an additional 2,300 shares during the period. Finally, Dakota Wealth Management increased its position in BlackRock MuniHoldings Fund by 11.0% during the 2nd quarter. Dakota Wealth Management now owns 147,900 shares of the company’s stock worth $1,656,000 after purchasing an additional 14,700 shares during the period.

BlackRock MuniHoldings Fund Price Performance

MHD opened at $11.74 on Friday. BlackRock MuniHoldings Fund, Inc. has a 12 month low of $10.79 and a 12 month high of $12.83. The business has a 50 day simple moving average of $11.43 and a 200-day simple moving average of $11.28.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be paid a dividend of $0.0595 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%.

About BlackRock MuniHoldings Fund

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.