Logan Stone Capital LLC Increases Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Logan Stone Capital LLC lifted its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 199.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 270,740 shares of the company's stock after buying an additional 180,414 shares during the quarter. BlackRock MuniHoldings California Quality Fund makes up 1.0% of Logan Stone Capital LLC's holdings, making the stock its 15th largest holding. Logan Stone Capital LLC owned about 0.28% of BlackRock MuniHoldings California Quality Fund worth $2,878,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MUC. Oppenheimer & Co. Inc. boosted its holdings in BlackRock MuniHoldings California Quality Fund by 18.8% in the fourth quarter. Oppenheimer & Co. Inc. now owns 12,137 shares of the company's stock worth $129,000 after acquiring an additional 1,920 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in BlackRock MuniHoldings California Quality Fund in the third quarter worth about $25,000. Litman Gregory Wealth Management LLC boosted its holdings in 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 worth $412,000 after acquiring an additional 2,179 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in BlackRock MuniHoldings California Quality Fund by 26.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,996 shares of the company's stock worth $170,000 after acquiring an additional 3,334 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 42.8% in the fourth quarter. Perigon Wealth Management LLC now owns 15,351 shares of the company's stock worth $163,000 after acquiring an additional 4,603 shares in the last quarter. Institutional investors own 30.99% of the company's stock.

BlackRock MuniHoldings California Quality Fund Price Performance

NYSE MUC traded down $0.07 during trading on Wednesday, hitting $10.48. The company's stock had a trading volume of 179,028 shares, compared to its average volume of 253,007. The business's 50 day simple moving average is $10.54 and its 200-day simple moving average is $10.81. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $9.97 and a fifty-two week high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 6.13%. 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.