November 16, 2016 - By Linda Rogers · 0 Comments
Blackrock Muniholdings Quality Fund Inc (NYSE:MUS) institutional sentiment increased to 1 in Q2 2016. Its up 0.07, from 0.93 in 2016Q1. The ratio is positive, as 13 institutional investors increased and opened new holdings, while 13 sold and reduced their equity positions in Blackrock Muniholdings Quality Fund Inc. The institutional investors in our partner’s database now have: 2.14 million shares, down from 2.53 million shares in 2016Q1. Also, the number of institutional investors holding Blackrock Muniholdings Quality Fund Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 7 Increased: 9 New Position: 4.
BlackRock MuniHoldings Quality Fund, Inc. is a non-diversified, closed-ended management investment company. The company has a market cap of $167.69 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 primarily in long-term, investment grade municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
The stock increased 2.02% or $0.26 on November 15, hitting $13.14. Blackrock MuniHoldings Insured Fd Inc. (NYSE:MUS) has declined 8.11% since April 14, 2016 and is downtrending. It has underperformed by 12.80% the S&P500.
National Planning Corp holds 0.36% of its portfolio in Blackrock MuniHoldings Insured Fd Inc. for 306,041 shares. Goodwin Daniel L owns 57,032 shares or 0.28% of their US portfolio. Moreover, Sit Investment Associates Inc has 0.12% invested in the company for 304,498 shares. The Oregon-based Northside Capital Management Llc has invested 0.08% in the stock. Advisors Asset Management Inc., a Colorado-based fund reported 232,846 shares.#img1#
BlackRock MuniHoldings Quality Fund, Inc. (the Fund), formerly BlackRock MuniHoldings Insured Fund, Inc., is a non-diversified, closed-end management investment company. The Fund invests primarily in a portfolio of long-term, investment-grade municipal obligations, the interest on which is exempt from federal income taxes. It also invests at least 80% of its total assets in municipal bonds that are covered by insurance. The Fund may invest in certain securities whose potential income return is inversely related to changes in a floating interest rate (inverse floaters). It may invest in swap agreements. The Fund may write covered call options and purchase call and put options.
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By Linda Rogers