Hennion & Walsh Asset Management Inc. Grows Stock Holdings in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Hennion & Walsh Asset Management Inc. increased its holdings in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 84.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 538,491 shares of the company’s stock after purchasing an additional 246,335 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniHoldings Fund were worth $6,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Private Advisor Group LLC lifted its holdings in shares of BlackRock MuniHoldings Fund by 9.7% in the 3rd quarter. Private Advisor Group LLC now owns 16,814 shares of the company’s stock valued at $213,000 after buying an additional 1,489 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in BlackRock MuniHoldings Fund by 24.6% in the first quarter. Concourse Financial Group Securities Inc. now owns 10,962 shares of the company’s stock valued at $133,000 after acquiring an additional 2,165 shares during the period. Integrated Capital Management Inc. boosted its position in BlackRock MuniHoldings Fund by 16.0% in the 2nd quarter. Integrated Capital Management Inc. now owns 16,987 shares of the company’s stock worth $205,000 after purchasing an additional 2,345 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of BlackRock MuniHoldings Fund by 2.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 118,794 shares of the company’s stock worth $1,436,000 after purchasing an additional 2,499 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of BlackRock MuniHoldings Fund by 14.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 31,556 shares of the company’s stock valued at $381,000 after purchasing an additional 4,000 shares in the last quarter.

BlackRock MuniHoldings Fund Trading Down 1.8 %

MHD opened at $12.35 on Thursday. The firm has a fifty day moving average price of $12.59 and a 200 day moving average price of $12.13. BlackRock MuniHoldings Fund, Inc. has a 1 year low of $9.92 and a 1 year high of $12.96.

BlackRock MuniHoldings Fund Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be given a $0.0595 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 5.78%. This is an increase from BlackRock MuniHoldings Fund’s previous monthly dividend of $0.05.

BlackRock MuniHoldings Fund Company 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.