Rareview Capital LLC Purchases New Shares in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Rareview Capital LLC purchased a new stake in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 42,650 shares of the company’s stock, valued at approximately $540,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Atala Financial Inc acquired a new stake in BlackRock MuniHoldings Fund during the 4th quarter valued at $349,000. HighTower Advisors LLC increased its holdings in BlackRock MuniHoldings Fund by 45.4% during the 4th quarter. HighTower Advisors LLC now owns 84,306 shares of the company’s stock valued at $984,000 after purchasing an additional 26,328 shares in the last quarter. Permanent Capital Management LP acquired a new stake in BlackRock MuniHoldings Fund during the 4th quarter valued at $152,000. PNC Financial Services Group Inc. increased its holdings in BlackRock MuniHoldings Fund by 0.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 225,087 shares of the company’s stock valued at $2,627,000 after purchasing an additional 1,257 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in BlackRock MuniHoldings Fund during the 4th quarter valued at $1,173,000.

BlackRock MuniHoldings Fund Trading Down 0.8 %

Shares of MHD opened at $11.70 on Friday. The business’s fifty day moving average price is $12.01 and its two-hundred day moving average price is $12.24. BlackRock MuniHoldings Fund, Inc. has a 52 week low of $11.41 and a 52 week high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.0595 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.71 dividend on an annualized basis and a yield of 6.10%.

BlackRock MuniHoldings Fund 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.