Guggenheim Capital LLC Purchases 313,310 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Guggenheim Capital LLC raised its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 24.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,590,482 shares of the company's stock after purchasing an additional 313,310 shares during the period. Guggenheim Capital LLC owned approximately 1.66% of BlackRock MuniHoldings California Quality Fund worth $16,907,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MUC. Atala Financial Inc acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter worth $2,672,000. Rivernorth Capital Management LLC boosted its stake in shares of 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 purchasing an additional 167,785 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 255.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 96,220 shares of the company's stock worth $1,023,000 after buying an additional 69,136 shares during the last quarter. Dakota Wealth Management increased its holdings in shares of BlackRock MuniHoldings California Quality Fund by 43.5% during the fourth quarter. Dakota Wealth Management now owns 186,176 shares of the company's stock worth $1,979,000 after buying an additional 56,400 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 10.7% in the 4th quarter. Advisors Asset Management Inc. now owns 574,270 shares of the company's stock valued at $6,104,000 after acquiring an additional 55,557 shares during the last quarter. 30.99% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Performance

Shares of NYSE:MUC traded down $0.07 during midday trading on Monday, hitting $10.22. 41,705 shares of the stock were exchanged, compared to its average volume of 257,794. The business's 50-day moving average price is $10.73 and its 200 day moving average price is $10.92. 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 business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be issued a $0.0535 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.64 dividend on an annualized basis and a yield of 6.28%.

BlackRock MuniHoldings California Quality Fund Company Profile

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.