Noble Wealth Management PBC Invests $1.27 Million in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Noble Wealth Management PBC acquired a new position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 108,565 shares of the company’s stock, valued at approximately $1,267,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp increased its stake in shares of BlackRock MuniHoldings Fund by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 120,119 shares of the company’s stock worth $1,402,000 after acquiring an additional 1,367 shares during the period. Compass Financial Group INC SD increased its stake in shares of BlackRock MuniHoldings Fund by 0.6% in the fourth quarter. Compass Financial Group INC SD now owns 211,638 shares of the company’s stock worth $2,470,000 after acquiring an additional 1,270 shares during the period. Scarborough Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings Fund in the fourth quarter worth $408,000. Van ECK Associates Corp increased its stake in shares of BlackRock MuniHoldings Fund by 5.6% in the fourth quarter. Van ECK Associates Corp now owns 396,862 shares of the company’s stock worth $4,631,000 after acquiring an additional 20,932 shares during the period. Finally, Encompass Wealth Advisors LLC increased its stake in shares of BlackRock MuniHoldings Fund by 8.9% in the fourth quarter. Encompass Wealth Advisors LLC now owns 26,894 shares of the company’s stock worth $314,000 after acquiring an additional 2,200 shares during the period.

BlackRock MuniHoldings Fund Trading Up 0.4 %

NYSE:MHD opened at $12.09 on Friday. BlackRock MuniHoldings Fund, Inc. has a 1-year low of $11.41 and a 1-year high of $12.96. The company’s fifty day moving average price is $11.96 and its 200-day moving average price is $12.27.

BlackRock MuniHoldings Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.0595 per share. The ex-dividend date is Friday, February 14th. This represents a $0.71 annualized dividend and a yield of 5.90%.

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.