Stayce D. Harris, a director at BlackRock (NYSE:BLK) MuniHoldings Fund, Inc. (NYSE:MHD), recently acquired 10 shares of the company's common stock. The transaction, which took place on October 29, 2024, was executed at a price of $12.0885 per share, amounting to a total purchase value of $120. This acquisition brings Harris's total holdings to 10 shares, according to the SEC filing.
InvestingPro Insights
While Stayce D. Harris's recent acquisition of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) shares is noteworthy, investors may benefit from additional context provided by InvestingPro data and tips.
According to InvestingPro Tips, MHD generally trades with low price volatility, which could be appealing to investors seeking stability in their portfolio. This characteristic aligns well with the fund's nature as a municipal bond investment vehicle, typically favored by those looking for steady, tax-exempt income.
Another significant InvestingPro Tip reveals that MHD has maintained dividend payments for 28 consecutive years. This impressive track record of consistent dividends may be particularly relevant to income-focused investors, especially in light of the director's recent share purchase.
It's worth noting that InvestingPro offers 6 additional tips for MHD, providing a more comprehensive analysis for investors considering this fund. These tips, along with real-time metrics, can offer valuable insights for those looking to make informed investment decisions in the municipal bond fund sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.