BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Shares Sold by Wellspring Financial Advisors LLC

Wellspring Financial Advisors LLC reduced its holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 17.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,850 shares of the company’s stock after selling 7,960 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in BlackRock MuniHoldings Fund were worth $430,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Signaturefd LLC purchased a new position in BlackRock MuniHoldings Fund in the fourth quarter worth $48,000. Steward Partners Investment Advisory LLC grew its stake in shares of BlackRock MuniHoldings Fund by 71.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock worth $122,000 after purchasing an additional 4,338 shares during the period. Landscape Capital Management L.L.C. purchased a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at about $139,000. Virtu Financial LLC acquired a new stake in shares of BlackRock MuniHoldings Fund in the fourth quarter valued at about $141,000. Finally, Permanent Capital Management LP purchased a new stake in BlackRock MuniHoldings Fund during the fourth quarter worth about $152,000.

BlackRock MuniHoldings Fund Stock Performance

Shares of MHD opened at $11.72 on Monday. The firm’s 50-day moving average is $11.96 and its two-hundred day moving average is $12.16. BlackRock MuniHoldings Fund, Inc. has a twelve month low of $11.41 and a twelve month high of $12.96.

BlackRock MuniHoldings Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a $0.0595 dividend. This represents a $0.71 annualized dividend and a yield of 6.09%. The ex-dividend date of this dividend is Tuesday, April 15th.

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.