NINE MASTS CAPITAL Ltd lessened its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 75.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,706 shares of the company's stock after selling 60,110 shares during the period. NINE MASTS CAPITAL Ltd's holdings in BlackRock MuniHoldings California Quality Fund were worth $209,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MUC. Farther Finance Advisors LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at about $340,000. Wolverine Asset Management LLC grew its stake in BlackRock MuniHoldings California Quality Fund by 450.3% during the third quarter. Wolverine Asset Management LLC now owns 35,162 shares of the company's stock worth $405,000 after buying an additional 28,772 shares during the period. Oppenheimer & Co. Inc. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the third quarter worth $118,000. Intellectus Partners LLC raised its stake in shares of BlackRock MuniHoldings California Quality Fund by 5.0% in the 3rd quarter. Intellectus Partners LLC now owns 83,226 shares of the company's stock valued at $963,000 after acquiring an additional 3,994 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in shares of 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 acquiring an additional 30,594 shares during the period. 30.99% of the stock is currently owned by institutional investors and hedge funds.
BlackRock MuniHoldings California Quality Fund Stock Down 0.5 %
BlackRock MuniHoldings California Quality Fund stock traded down $0.06 during trading on Monday, reaching $11.07. 182,725 shares of the company's stock were exchanged, compared to its average volume of 239,051. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $10.52 and a 52-week high of $11.64. The company's 50-day moving average is $10.81 and its two-hundred day moving average is $11.10.
BlackRock MuniHoldings California Quality Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a $0.0535 dividend. This represents a $0.64 annualized dividend and a dividend yield of 5.80%. The ex-dividend date is Friday, February 14th.
BlackRock MuniHoldings California Quality Fund Profile
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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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