PNC Financial Services Group Inc. Buys 69,136 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

PNC Financial Services Group Inc. boosted its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 255.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,220 shares of the company's stock after acquiring an additional 69,136 shares during the period. PNC Financial Services Group Inc. owned 0.10% of BlackRock MuniHoldings California Quality Fund worth $1,023,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Rivernorth Capital Management LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 7.1% in the third quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company's stock valued at $29,233,000 after acquiring an additional 167,785 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings 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 worth $5,976,000 after purchasing an additional 30,594 shares in the last quarter. Dakota Wealth Management lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 43.5% in the 4th quarter. Dakota Wealth Management now owns 186,176 shares of the company's stock worth $1,979,000 after purchasing an additional 56,400 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 30.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 167,437 shares of the company's stock worth $1,780,000 after purchasing an additional 38,842 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 0.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company's stock worth $1,342,000 after purchasing an additional 1,072 shares in the last quarter. 30.99% of the stock is currently owned by institutional investors.

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BlackRock MuniHoldings California Quality Fund Price Performance

Shares of MUC traded up $0.06 during trading hours on Thursday, reaching $10.71. The stock had a trading volume of 122,341 shares, compared to its average volume of 252,026. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $10.52 and a 12 month high of $11.64. The firm has a 50-day simple moving average of $10.86 and a 200 day simple moving average of $11.07.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock MuniHoldings California Quality Fund 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.