BlackRock MuniHoldings Fund, Inc. $MHD Shares Bought by Fortitude Advisory Group L.L.C.

Fortitude Advisory Group L.L.C. lifted its position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 354.2% during the first quarter, Holdings Channel.com reports. The firm owned 105,020 shares of the company’s stock after acquiring an additional 81,896 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in BlackRock MuniHoldings Fund were worth $1,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in shares of BlackRock MuniHoldings Fund by 813.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 509,105 shares of the company’s stock valued at $5,977,000 after purchasing an additional 453,353 shares during the period. Rareview Capital LLC grew its position in BlackRock MuniHoldings Fund by 52.1% during the first quarter. Rareview Capital LLC now owns 606,318 shares of the company’s stock valued at $6,791,000 after buying an additional 207,695 shares during the period. Allegheny Financial Group acquired a new stake in BlackRock MuniHoldings Fund during the first quarter valued at $1,754,000. City of London Investment Management Co. Ltd. increased its holdings in BlackRock MuniHoldings Fund by 52.7% in the third quarter. City of London Investment Management Co. Ltd. now owns 371,247 shares of the company’s stock valued at $4,362,000 after buying an additional 128,150 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its holdings in BlackRock MuniHoldings Fund by 21.2% in the fourth quarter. Advisors Asset Management Inc. now owns 644,275 shares of the company’s stock valued at $7,564,000 after buying an additional 112,528 shares in the last quarter.

BlackRock MuniHoldings Fund Trading Down 0.2%

Shares of BlackRock MuniHoldings Fund stock opened at $11.90 on Monday. The firm has a 50-day simple moving average of $11.70 and a two-hundred day simple moving average of $11.72. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $10.92 and a fifty-two week high of $12.05.

BlackRock MuniHoldings Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a $0.0595 dividend. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniHoldings Fund Company 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.