Hennion & Walsh Asset Management Inc. Purchases 37,600 Shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Hennion & Walsh Asset Management Inc. grew its position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 105.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 73,266 shares of the company’s stock after acquiring an additional 37,600 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniHoldings Fund were worth $885,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MHD. Advisors Asset Management Inc. grew its stake in shares of BlackRock MuniHoldings Fund by 8.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 496,665 shares of the company’s stock worth $5,121,000 after buying an additional 38,179 shares in the last quarter. Moody National Bank Trust Division increased its stake in BlackRock MuniHoldings Fund by 8.2% during the fourth quarter. Moody National Bank Trust Division now owns 16,291 shares of the company’s stock worth $194,000 after acquiring an additional 1,228 shares during the last quarter. Raymond James & Associates raised its position in BlackRock MuniHoldings Fund by 92.2% during the fourth quarter. Raymond James & Associates now owns 62,890 shares of the company’s stock valued at $749,000 after purchasing an additional 30,164 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of BlackRock MuniHoldings Fund by 2.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 41,560 shares of the company’s stock valued at $495,000 after purchasing an additional 943 shares during the last quarter. Finally, Simon Quick Advisors LLC boosted its holdings in shares of BlackRock MuniHoldings Fund by 7.2% in the 4th quarter. Simon Quick Advisors LLC now owns 18,461 shares of the company’s stock worth $220,000 after purchasing an additional 1,232 shares during the period.

BlackRock MuniHoldings Fund Stock Performance

NYSE:MHD opened at $11.98 on Tuesday. The stock’s fifty day moving average is $11.81 and its 200 day moving average is $11.86. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $9.92 and a fifty-two week high of $12.18.

BlackRock MuniHoldings Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, July 1st. Stockholders of record on Friday, June 14th were issued a $0.0525 dividend. The ex-dividend date was Friday, June 14th. This represents a $0.63 annualized dividend and a dividend yield of 5.26%.

About BlackRock MuniHoldings Fund

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.