LPL Financial LLC Sells 49,941 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

LPL Financial LLC decreased its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 23.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 158,901 shares of the company's stock after selling 49,941 shares during the period. LPL Financial LLC owned about 0.17% of BlackRock MuniHoldings California Quality Fund worth $1,689,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth approximately $25,000. Golden State Wealth Management LLC bought a new stake in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth $55,000. Whipplewood Advisors LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at $117,000. Octavia Wealth Advisors LLC bought a new position in BlackRock MuniHoldings California Quality Fund during the 4th quarter worth $120,000. Finally, Southern Style Financial Inc. bought a new position in BlackRock MuniHoldings California Quality Fund during the 4th quarter worth $124,000. Institutional investors and hedge funds own 30.99% of the company's stock.

BlackRock MuniHoldings California Quality Fund Trading Up 0.5 %

Shares of NYSE MUC traded up $0.05 during trading on Tuesday, reaching $10.23. The company had a trading volume of 156,263 shares, compared to its average volume of 258,248. The company's fifty day moving average price is $10.70 and its 200-day moving average price is $10.90. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $9.97 and a 12 month high of $11.64.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.0535 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.28%. The ex-dividend date is Tuesday, April 15th.

About BlackRock MuniHoldings California Quality Fund

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.