BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 148,158 shares traded hands during mid-day trading, a decline of 43% from the previous session's volume of 260,146 shares.The stock last traded at $10.70 and had previously closed at $10.59.
BlackRock MuniHoldings California Quality Fund Stock Up 0.4 %
The firm's fifty day moving average price is $11.05 and its 200 day moving average price is $11.20.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.0535 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.64 dividend on an annualized basis and a yield of 6.04%.
Hedge Funds Weigh In On BlackRock MuniHoldings California Quality Fund
Several large investors have recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the second quarter worth about $4,308,000. Rivernorth Capital Management LLC lifted its position in BlackRock MuniHoldings California Quality Fund by 7.1% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company's stock worth $29,233,000 after acquiring an additional 167,785 shares during the period. Creative Planning grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 201.5% in the 2nd quarter. Creative Planning now owns 57,242 shares of the company's stock valued at $635,000 after purchasing an additional 38,254 shares during the last quarter. Advisors Asset Management Inc. grew its position in BlackRock MuniHoldings California Quality Fund by 6.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 518,713 shares of the company's stock valued at $5,976,000 after buying an additional 30,594 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at $340,000. Hedge funds and other institutional investors own 30.99% of the company's stock.
BlackRock MuniHoldings California Quality Fund Company Profile
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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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