Atala Financial Inc Invests $349,000 in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD)

Atala Financial Inc bought a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) in the 4th quarter, HoldingsChannel.com reports. The firm bought 29,908 shares of the company’s stock, valued at approximately $349,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE purchased a new position in BlackRock MuniHoldings Fund in the third quarter valued at $48,000. Steward Partners Investment Advisory LLC grew its position 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 valued at $122,000 after acquiring an additional 4,338 shares during the period. Permanent Capital Management LP purchased a new position in shares of BlackRock MuniHoldings Fund in the 4th quarter valued at about $152,000. Simon Quick Advisors LLC raised its holdings in BlackRock MuniHoldings Fund by 7.4% in the 4th quarter. Simon Quick Advisors LLC now owns 15,643 shares of the company’s stock worth $183,000 after purchasing an additional 1,072 shares during the period. Finally, Aviance Capital Partners LLC boosted its position in BlackRock MuniHoldings Fund by 9.9% during the third quarter. Aviance Capital Partners LLC now owns 16,249 shares of the company’s stock worth $206,000 after purchasing an additional 1,459 shares in the last quarter.

BlackRock MuniHoldings Fund Price Performance

Shares of MHD opened at $11.81 on Friday. BlackRock MuniHoldings Fund, Inc. has a 12 month low of $11.41 and a 12 month high of $12.96. The stock’s 50 day moving average is $12.01 and its two-hundred day moving average is $12.25.

BlackRock MuniHoldings Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a $0.0595 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.71 dividend on an annualized basis and a yield of 6.05%.

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.