BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Shares Acquired by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 7.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,537,611 shares of the company's stock after acquiring an additional 167,785 shares during the period. BlackRock MuniHoldings California Quality Fund accounts for about 1.4% of Rivernorth Capital Management LLC's portfolio, making the stock its 20th largest holding. Rivernorth Capital Management LLC owned approximately 2.64% of BlackRock MuniHoldings California Quality Fund worth $29,233,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new position in BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth about $4,308,000. Creative Planning grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 201.5% during the second quarter. Creative Planning now owns 57,242 shares of the company's stock worth $635,000 after purchasing an additional 38,254 shares in the last quarter. Advisors Asset Management Inc. increased 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 valued at $5,976,000 after acquiring an additional 30,594 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth about $340,000. Finally, Wolverine Asset Management LLC lifted 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 purchasing an additional 28,772 shares during the last quarter. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Performance

BlackRock MuniHoldings California Quality Fund stock traded down $0.09 during mid-day trading on Friday, hitting $11.19. The company had a trading volume of 294,484 shares, compared to its average volume of 247,232. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $10.56 and a 1 year high of $11.64. The business has a fifty day moving average of $11.24 and a 200 day moving average of $11.21.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.0535 dividend. 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 5.74%.

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.