Blackrock Muniholdings Fund Inc (NYSE:MHD) Institutional Investor Positioning

June 19, 2017 - By Marguerite Chambers

 Blackrock Muniholdings Fund Inc (NYSE:MHD) Institutional Investor Positioning

Sentiment for Blackrock Muniholdings Fund Inc (NYSE:MHD)

Blackrock Muniholdings Fund Inc (NYSE:MHD) institutional sentiment decreased to 0.69 in Q4 2016. Its down -1.48, from 2.17 in 2016Q3. The ratio fall, as 9 active investment managers increased and started new equity positions, while 13 decreased and sold their stakes in Blackrock Muniholdings Fund Inc. The active investment managers in our partner’s database now own: 1.19 million shares, down from 1.22 million shares in 2016Q3. Also, the number of active investment managers holding Blackrock Muniholdings Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 8 Increased: 6 New Position: 3.

BlackRock MuniHoldings Fund, Inc. is a non-diversified, closed-end management investment company. The company has market cap of $244.03 million. The Fund’s investment objective is to provide shareholders with current income exempt from federal income taxes. It currently has negative earnings. The Fund seeks to achieve its investment objective by investing approximately 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

It closed at $17.2 lastly. It is down 7.46% since June 19, 2016 and is downtrending. It has underperformed by 24.16% the S&P500.

Robinson Capital Management Llc holds 0.93% of its portfolio in BlackRock MuniHoldings Fund Inc. for 105,441 shares. Northeast Financial Consultants Inc owns 15,000 shares or 0.11% of their US portfolio. Moreover, Capital Investment Advisors Llc has 0.04% invested in the company for 25,819 shares. The Connecticut-based Essex Financial Services Inc. has invested 0.04% in the stock. Grace & White Inc Ny, a New York-based fund reported 12,369 shares.#img1#

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