PNC Financial Services Group Inc. Decreases Stock Position in BlackRock MuniHoldings Fund, Inc. $MHD

PNC Financial Services Group Inc. reduced its holdings in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 34.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,564 shares of the company’s stock after selling 90,110 shares during the quarter. PNC Financial Services Group Inc.’s holdings in BlackRock MuniHoldings Fund were worth $1,933,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MHD. Wolverine Asset Management LLC grew its position in shares of BlackRock MuniHoldings Fund by 1,248.5% in the first quarter. Wolverine Asset Management LLC now owns 2,697 shares of the company’s stock valued at $32,000 after purchasing an additional 2,497 shares during the last quarter. Hilltop National Bank acquired a new stake in BlackRock MuniHoldings Fund during the 2nd quarter valued at $45,000. Geneos Wealth Management Inc. grew its holdings in BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after buying an additional 3,706 shares during the last quarter. Plancorp LLC purchased a new position in BlackRock MuniHoldings Fund during the second quarter worth $112,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of BlackRock MuniHoldings Fund in the first quarter worth $118,000.

BlackRock MuniHoldings Fund Price Performance

Shares of BlackRock MuniHoldings Fund stock opened at $11.73 on Thursday. The business’s fifty day moving average is $11.74 and its two-hundred day moving average is $11.38. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $10.79 and a fifty-two week high of $12.79.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be given a dividend of $0.0595 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, November 14th.

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.