Allspring Global Investments Holdings LLC Purchases 593,744 Shares of BlackRock MuniHoldings Fund, Inc. $MHD

Allspring Global Investments Holdings LLC grew its position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 116.6% in the first quarter, Holdings Channel reports. The firm owned 1,102,849 shares of the company’s stock after purchasing an additional 593,744 shares during the period. Allspring Global Investments Holdings LLC’s holdings in BlackRock MuniHoldings Fund were worth $12,440,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. purchased a new position in shares of BlackRock MuniHoldings Fund during the first quarter worth about $38,000. Geneos Wealth Management Inc. raised its stake in BlackRock MuniHoldings Fund by 389.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock valued at $55,000 after purchasing an additional 3,706 shares in the last quarter. Global Retirement Partners LLC bought a new stake in BlackRock MuniHoldings Fund during the fourth quarter valued at approximately $57,000. Camelot Portfolios LLC bought a new stake in BlackRock MuniHoldings Fund during the fourth quarter valued at approximately $62,000. Finally, Kestra Advisory Services LLC purchased a new position in BlackRock MuniHoldings Fund in the 4th quarter worth approximately $63,000.

BlackRock MuniHoldings Fund Price Performance

MHD stock opened at $11.67 on Wednesday. The firm has a 50 day simple moving average of $11.71 and a two-hundred day simple moving average of $11.73. BlackRock MuniHoldings Fund, Inc. has a one year low of $10.96 and a one year high of $12.08.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.0595 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

About BlackRock MuniHoldings Fund

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.