Fifth Third Bancorp Takes $749,000 Position in BlackRock MuniHoldings Fund, Inc. $MHD

Fifth Third Bancorp purchased a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 66,387 shares of the company’s stock, valued at approximately $749,000.

A number of other large investors have also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of BlackRock MuniHoldings Fund by 17.9% during the 1st quarter. Royal Bank of Canada now owns 73,896 shares of the company’s stock valued at $868,000 after acquiring an additional 11,216 shares in the last quarter. NewEdge Advisors LLC raised its position in BlackRock MuniHoldings Fund by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after purchasing an additional 1,937 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of BlackRock MuniHoldings Fund in the first quarter valued at about $118,000. Geneos Wealth Management Inc. raised its position in shares of BlackRock MuniHoldings Fund by 389.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after acquiring an additional 3,706 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in BlackRock MuniHoldings Fund by 39.3% in the second quarter. Invesco Ltd. now owns 172,436 shares of the company’s stock valued at $1,931,000 after acquiring an additional 48,644 shares during the last quarter.

BlackRock MuniHoldings Fund Price Performance

NYSE:MHD opened at $11.48 on Tuesday. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $10.99 and a fifty-two week high of $12.08. The company has a 50 day simple moving average of $11.71 and a two-hundred day simple moving average of $11.73.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.0595 dividend. 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.