Rareview Capital LLC Sells 58,267 Shares of BlackRock MuniHoldings Fund, Inc. $MHD

Rareview Capital LLC lowered its position in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 9.6% during the 2nd quarter, Holdings Channel reports. The fund owned 548,051 shares of the company’s stock after selling 58,267 shares during the period. BlackRock MuniHoldings Fund makes up 3.1% of Rareview Capital LLC’s portfolio, making the stock its 7th largest holding. Rareview Capital LLC’s holdings in BlackRock MuniHoldings Fund were worth $6,138,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC increased its holdings in shares of BlackRock MuniHoldings Fund by 199.7% during the first quarter. Rivernorth Capital Management LLC now owns 12,505,825 shares of the company’s stock valued at $141,066,000 after acquiring an additional 8,333,674 shares in the last quarter. Bank of America Corp DE bought a new position in shares of BlackRock MuniHoldings Fund in the 2nd quarter worth $21,537,000. Van ECK Associates Corp grew its position in BlackRock MuniHoldings Fund by 6.7% in the 2nd quarter. Van ECK Associates Corp now owns 1,384,845 shares of the company’s stock valued at $16,480,000 after purchasing an additional 86,761 shares during the period. Allspring Global Investments Holdings LLC grew its position in BlackRock MuniHoldings Fund by 116.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,102,849 shares of the company’s stock valued at $12,440,000 after purchasing an additional 593,744 shares during the period. Finally, Advisors Asset Management Inc. grew its position in BlackRock MuniHoldings Fund by 21.2% in the 4th quarter. Advisors Asset Management Inc. now owns 644,275 shares of the company’s stock valued at $7,564,000 after purchasing an additional 112,528 shares during the period.

BlackRock MuniHoldings Fund Stock Performance

Shares of MHD stock opened at $11.21 on Friday. The firm has a fifty day simple moving average of $11.62 and a two-hundred day simple moving average of $11.66. BlackRock MuniHoldings Fund, Inc. has a 12 month low of $11.05 and a 12 month high of $12.08.

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.