Global Retirement Partners LLC Invests $741,000 in BlackRock MuniHoldings Fund, Inc. $MHD

Global Retirement Partners LLC purchased a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the second quarter, according to its most recent filing with the SEC. The fund purchased 67,427 shares of the company’s stock, valued at approximately $741,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Hollencrest Capital Management bought a new position in BlackRock MuniHoldings Fund during the first quarter worth $26,000. Pinnacle Bancorp Inc. bought a new stake in BlackRock MuniHoldings Fund during the first quarter valued at $38,000. Geneos Wealth Management Inc. increased its stake in BlackRock MuniHoldings Fund by 389.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after purchasing an additional 3,706 shares during the last quarter. Camelot Portfolios LLC acquired a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter worth $62,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter worth $63,000.

BlackRock MuniHoldings Fund Stock Performance

BlackRock MuniHoldings Fund stock opened at $11.53 on Wednesday. BlackRock MuniHoldings Fund, Inc. has a 1 year low of $10.99 and a 1 year high of $12.08. The firm’s 50-day moving average is $11.71 and its 200-day moving average is $11.70.

BlackRock MuniHoldings Fund Announces Dividend

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

BlackRock MuniHoldings Fund 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.