Bank of America Corp DE lifted its holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 21.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,268,949 shares of the company's stock after purchasing an additional 393,995 shares during the period. Bank of America Corp DE owned about 1.82% of BlackRock MuniHoldings California Quality Fund worth $23,597,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. WFA of San Diego LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the second quarter worth $26,000. Elyxium Wealth LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $69,000. Pasadena Private Wealth LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth about $106,000. Nomura Holdings Inc. purchased a new position in BlackRock MuniHoldings California Quality Fund in the 2nd quarter worth about $104,000. Finally, EP Wealth Advisors LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 4th quarter worth about $126,000. 30.99% of the stock is owned by institutional investors.
BlackRock MuniHoldings California Quality Fund Stock Performance
NYSE MUC opened at $10.68 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $10.08 and a 1 year high of $11.16. The stock's 50-day moving average price is $10.83 and its two-hundred day moving average price is $10.78.
BlackRock MuniHoldings California Quality Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.0535 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.
About BlackRock MuniHoldings California Quality Fund
(
Free Report)
BlackRock MuniHoldings California Quality Fund NYSE: MUC is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.
The fund's portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.
Featured Articles
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).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider BlackRock MuniHoldings California Quality Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniHoldings California Quality Fund wasn't on the list.
While BlackRock MuniHoldings California Quality Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
