Western Wealth Management LLC Invests $669,000 in BlackRock MuniHoldings Fund, Inc. $MHD

Western Wealth Management LLC acquired a new stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 60,865 shares of the company’s stock, valued at approximately $669,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Scarborough Advisors LLC grew its position in BlackRock MuniHoldings Fund by 2.3% in the 4th quarter. Scarborough Advisors LLC now owns 38,796 shares of the company’s stock worth $455,000 after purchasing an additional 887 shares during the period. Osaic Holdings Inc. boosted its stake in shares of BlackRock MuniHoldings Fund by 7.0% in the 2nd quarter. Osaic Holdings Inc. now owns 18,716 shares of the company’s stock worth $210,000 after buying an additional 1,227 shares during the last quarter. World Investment Advisors boosted its stake in shares of BlackRock MuniHoldings Fund by 12.2% in the 1st quarter. World Investment Advisors now owns 11,500 shares of the company’s stock worth $130,000 after buying an additional 1,251 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of BlackRock MuniHoldings Fund by 6.3% in the first quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after acquiring an additional 1,937 shares during the period. Finally, Occidental Asset Management LLC grew its holdings in shares of BlackRock MuniHoldings Fund by 20.3% in the second quarter. Occidental Asset Management LLC now owns 12,766 shares of the company’s stock worth $152,000 after acquiring an additional 2,154 shares during the period.

BlackRock MuniHoldings Fund Trading Up 0.6%

BlackRock MuniHoldings Fund stock opened at $11.48 on Wednesday. BlackRock MuniHoldings Fund, Inc. has a one year low of $11.03 and a one year high of $12.08. The stock has a fifty day moving average of $11.68 and a 200 day moving average of $11.68.

BlackRock MuniHoldings Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.0595 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 6.2%.

BlackRock MuniHoldings Fund Company Profile

BlackRock MuniHoldings Fund (NYSE:MHD) is a closed-end management investment company focused on delivering tax-exempt income through a diversified portfolio of municipal securities. The fund’s primary objective is to seek current income exempt from federal income tax, making it a potential option for investors looking to enhance after-tax yield in a fixed-income allocation.

The fund invests predominantly in investment-grade municipal bonds issued by state and local governments, authorities and agencies across the United States.