Cypress Wealth Services LLC lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 118.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,726 shares of the company's stock after acquiring an additional 28,596 shares during the quarter. Cypress Wealth Services LLC owned approximately 0.05% of BlackRock MuniHoldings California Quality Fund worth $560,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in MUC. JPMorgan Chase & Co. bought a new position in BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at about $25,000. Fortitude Family Office LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the third quarter valued at approximately $48,000. Oppenheimer & Co. Inc. bought a new position in shares of BlackRock MuniHoldings California Quality Fund during the third quarter worth approximately $118,000. Ackerman Capital Advisors LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth approximately $236,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in BlackRock MuniHoldings California Quality Fund in the 2nd quarter valued at $271,000. 30.99% of the stock is currently owned by institutional investors.
BlackRock MuniHoldings California Quality Fund Stock Performance
NYSE MUC traded up $0.07 on Friday, reaching $10.68. The stock had a trading volume of 234,669 shares, compared to its average volume of 301,406. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $10.52 and a 1-year high of $11.64. The firm has a fifty day moving average of $10.94 and a two-hundred day moving average of $11.17.
BlackRock MuniHoldings California Quality Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 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 6.01%. The ex-dividend date is Wednesday, January 15th.
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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