Almitas Capital LLC Acquires Shares of 111,060 BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Almitas Capital LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 111,060 shares of the company's stock, valued at approximately $1,181,000. Almitas Capital LLC owned approximately 0.12% of BlackRock MuniHoldings California Quality Fund at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. increased its position in BlackRock MuniHoldings California Quality Fund by 18.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 12,137 shares of the company's stock worth $129,000 after buying an additional 1,920 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the third quarter valued at $25,000. Litman Gregory Wealth Management LLC raised its position in shares of BlackRock MuniHoldings California Quality Fund by 6.0% in the fourth quarter. Litman Gregory Wealth Management LLC now owns 38,794 shares of the company's stock valued at $412,000 after purchasing an additional 2,179 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 26.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 15,996 shares of the company's stock worth $170,000 after buying an additional 3,334 shares during the last quarter. Finally, Perigon Wealth Management LLC grew its stake in BlackRock MuniHoldings California Quality Fund by 42.8% in the 4th quarter. Perigon Wealth Management LLC now owns 15,351 shares of the company's stock valued at $163,000 after buying an additional 4,603 shares during the last quarter. 30.99% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Trading Down 0.4 %

MUC stock traded down $0.05 during mid-day trading on Monday, hitting $10.58. 106,245 shares of the company were exchanged, compared to its average volume of 254,602. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $9.97 and a 1-year high of $11.64. The business has a 50 day simple moving average of $10.62 and a 200-day simple moving average of $10.84.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date of this dividend is Thursday, May 15th.

About BlackRock MuniHoldings California Quality Fund

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.