BlackRock MuniHoldings Fund, Inc. $MHD Shares Sold by Compass Financial Group INC SD

Compass Financial Group INC SD lessened its stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 33.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 150,350 shares of the company’s stock after selling 74,671 shares during the quarter. BlackRock MuniHoldings Fund comprises 0.2% of Compass Financial Group INC SD’s portfolio, making the stock its 20th largest holding. Compass Financial Group INC SD’s holdings in BlackRock MuniHoldings Fund were worth $1,789,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in MHD. Royal Bank of Canada increased its holdings in BlackRock MuniHoldings Fund by 17.9% in the first quarter. Royal Bank of Canada now owns 73,896 shares of the company’s stock valued at $868,000 after buying an additional 11,216 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in BlackRock MuniHoldings Fund by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 32,543 shares of the company’s stock worth $382,000 after buying an additional 1,937 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in BlackRock MuniHoldings Fund during the 1st quarter worth about $118,000. Geneos Wealth Management Inc. lifted its holdings in BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after buying an additional 3,706 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of BlackRock MuniHoldings Fund by 39.3% during the 2nd quarter. Invesco Ltd. now owns 172,436 shares of the company’s stock worth $1,931,000 after acquiring an additional 48,644 shares in the last quarter.

BlackRock MuniHoldings Fund Trading Down 0.4%

MHD opened at $11.65 on Friday. BlackRock MuniHoldings Fund, Inc. has a one year low of $10.99 and a one year high of $12.08. The business’s 50-day simple moving average is $11.71 and its 200-day simple moving average is $11.70.

BlackRock MuniHoldings Fund Dividend Announcement

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

BlackRock MuniHoldings Fund Company Profile

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.