Sanctuary Advisors LLC decreased its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 7.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 369,701 shares of the company's stock after selling 29,812 shares during the quarter. Sanctuary Advisors LLC owned 0.38% of BlackRock MuniHoldings California Quality Fund worth $4,008,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of MUC. JPMorgan Chase & Co. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at $25,000. Fortitude Family Office LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth about $48,000. Golden State Wealth Management LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth about $55,000. Oppenheimer & Co. Inc. purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth about $118,000. Finally, Octavia Wealth Advisors LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth about $120,000. Institutional investors and hedge funds own 30.99% of the company's stock.
BlackRock MuniHoldings California Quality Fund Price Performance
Shares of BlackRock MuniHoldings California Quality Fund stock opened at $11.02 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $10.52 and a 1 year high of $11.64. The stock has a 50-day moving average price of $10.78 and a 200 day moving average price of $11.12.
BlackRock MuniHoldings California Quality Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.0535 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date of this dividend is Friday, February 14th.
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.
See Also
Want to see what other hedge funds are holding MUC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report).
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