BlackRock MuniHolding Insured Investm (MFL) Position Reduced by Sit Investment Associates Inc.

Sit Investment Associates Inc. lowered its position in BlackRock MuniHolding Insured Investm (NYSE:MFL) by 38.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 166,949 shares of the investment management company’s stock after selling 103,073 shares during the quarter. Sit Investment Associates Inc.’s holdings in BlackRock MuniHolding Insured Investm were worth $2,441,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Ameriprise Financial Inc. lifted its position in BlackRock MuniHolding Insured Investm by 9.3% in the third quarter. Ameriprise Financial Inc. now owns 75,821 shares of the investment management company’s stock valued at $1,123,000 after purchasing an additional 6,431 shares during the period. Advisors Asset Management Inc. lifted its position in BlackRock MuniHolding Insured Investm by 20.2% in the third quarter. Advisors Asset Management Inc. now owns 91,471 shares of the investment management company’s stock valued at $1,355,000 after purchasing an additional 15,390 shares during the period. Csenge Advisory Group acquired a new stake in BlackRock MuniHolding Insured Investm in the third quarter valued at about $234,000. Raymond James Financial Services Advisors Inc. lifted its position in BlackRock MuniHolding Insured Investm by 70.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 27,605 shares of the investment management company’s stock valued at $409,000 after purchasing an additional 11,456 shares during the period. Finally, First Trust Advisors LP lifted its position in BlackRock MuniHolding Insured Investm by 5.1% in the third quarter. First Trust Advisors LP now owns 76,569 shares of the investment management company’s stock valued at $1,134,000 after purchasing an additional 3,682 shares during the period. Hedge funds and other institutional investors own 13.36% of the company’s stock.

Shares of BlackRock MuniHolding Insured Investm (NYSE MFL) opened at $14.68 on Friday. BlackRock MuniHolding Insured Investm has a 12-month low of $13.92 and a 12-month high of $15.33.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 1st. Investors of record on Tuesday, January 16th will be given a $0.0715 dividend. The ex-dividend date is Friday, January 12th. This represents a $0.86 dividend on an annualized basis and a yield of 5.84%.

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BlackRock MuniHolding Insured Investm Company Profile

BlackRock MuniHoldings Investment Quality Fund (the Trust) is a non-diversified, closed-end management investment trust. The Trust’s investment objective is to provide shareholders with current income exempt from federal income tax and to provide shareholders with the opportunity to own shares the value of which is exempt from Florida intangible personal property tax.

Want to see what other hedge funds are holding MFL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniHolding Insured Investm (NYSE:MFL).

Institutional Ownership by Quarter for BlackRock MuniHolding Insured Investm (NYSE:MFL)

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