Whipplewood Advisors LLC lifted its holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 2,106.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,863 shares of the company's stock after purchasing an additional 230,903 shares during the quarter. BlackRock MuniHoldings California Quality Fund accounts for approximately 0.8% of Whipplewood Advisors LLC's investment portfolio, making the stock its 27th biggest holding. Whipplewood Advisors LLC owned 0.25% of BlackRock MuniHoldings California Quality Fund worth $2,590,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. bought a new stake in BlackRock MuniHoldings California Quality Fund during the third quarter worth $25,000. Golden State Wealth Management LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $55,000. Cary Street Partners Financial LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $117,000. Oppenheimer & Co. Inc. raised 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 acquiring an additional 1,920 shares in the last quarter. Finally, Wellspring Financial Advisors LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $141,000. Institutional investors own 30.99% of the company's stock.
BlackRock MuniHoldings California Quality Fund Stock Performance
NYSE MUC traded down $0.04 on Friday, hitting $10.29. 253,949 shares of the stock were exchanged, compared to its average volume of 250,456. The business's fifty day moving average is $10.41 and its 200 day moving average is $10.72. BlackRock MuniHoldings California Quality Fund, Inc. has a 52 week low of $9.97 and a 52 week high of $11.64.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be given a dividend of $0.0535 per share. This represents a $0.64 annualized dividend and a yield of 6.24%. The ex-dividend date is Friday, June 13th.
BlackRock MuniHoldings California Quality Fund Company Profile
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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.
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