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The phrase "holds close to" is grammatically correct and can be used in written English.
It means to keep something or someone near or dear to oneself. Example: Sarah always holds close to her heart the memories of her late grandmother's cooking.
Exact(19)
Misleading Trials: A rare peek into drug company documents reveals troubling differences between publicly available information and materials the company holds close to its chest, reports ScienceNews.org.org
Currency specialists and economists estimate that China still holds close to three-quarters of its $2 trillion in foreign reserves in the form of dollar-denominated assets.
He redecorates twice a year and holds close to his heart the words of a dying friend: "The only things you'll regret in life are the ones you didn't buy".
U.S. investor Warren E. Buffett, whose Berkshire Hathaway insurance and investment company holds close to a 20percentt stake in Moody's, said on Thursday that anyone found responsible for wrongdoing should leave Moody's.
Myra's date of passing was the Feast Day of Saint Thomas Aquinas, a day that her husband Arthur treasures and holds close to his heart, because on the day when he first met his beautiful, seventeen year-old wife-to-be at a Manhattan College dance, she told him she was reading the teachings of Saint Thomas Aquinas.
In their upper bodies, the dancers have the complete informality of a hoedown, so that when one woman whips off a series of fouetté turns (every one a double), the fun is less in her legs than in her arms, which she holds close to her sides, fists next to her shoulders.
Similar(41)
Calmodulin is tethered to Orai1 or a closely associated protein and is therefore held close to the source of Ca2+.
Your love, caring, generosity and kindness will always be remembered and held close to our hearts.
The average over the past four weeks held close to a four-year low.
Patrick will be loved and held close to our hearts forever.
All that we fear we hold close to ourselves to survive.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com