Advisors Asset Management Inc. increased its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 574,270 shares of the company's stock after acquiring an additional 55,557 shares during the period. Advisors Asset Management Inc. owned approximately 0.60% of BlackRock MuniHoldings California Quality Fund worth $6,104,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. acquired a new stake in BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at approximately $118,000. Rockefeller Capital Management L.P. raised its stake in shares of BlackRock MuniHoldings California Quality Fund by 0.9% during the third quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company's stock valued at $1,342,000 after purchasing an additional 1,072 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in BlackRock MuniHoldings California Quality Fund by 9.7% in the third quarter. Integrated Wealth Concepts LLC now owns 27,878 shares of the company's stock worth $321,000 after purchasing an additional 2,459 shares during the period. Rivernorth Capital Management LLC grew its position in BlackRock MuniHoldings California Quality Fund by 7.1% in the 3rd quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company's stock valued at $29,233,000 after buying an additional 167,785 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at about $25,000. 30.99% of the stock is currently owned by institutional investors.
BlackRock MuniHoldings California Quality Fund Stock Down 0.1 %
Shares of MUC stock traded down $0.02 during midday trading on Monday, reaching $10.75. 354,216 shares of the company were exchanged, compared to its average volume of 252,098. The company's 50 day moving average price is $10.86 and its two-hundred day moving average price is $11.07. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $10.52 and a 12 month high of $11.64.
BlackRock MuniHoldings California Quality Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.0535 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 5.97%.
About BlackRock MuniHoldings California Quality Fund
(
Free Report)
BlackRock MuniHoldings California Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment-grade municipal obligations, the interest on which is exempt from Federal and California income taxes.
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