Whipplewood Advisors LLC boosted its holdings in shares of 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 filing with the Securities and Exchange Commission (SEC). The firm owned 241,863 shares of the company's stock after purchasing an additional 230,903 shares during the period. BlackRock MuniHoldings California Quality Fund comprises approximately 0.8% of Whipplewood Advisors LLC's holdings, making the stock its 27th largest holding. Whipplewood Advisors LLC owned about 0.25% of BlackRock MuniHoldings California Quality Fund worth $2,590,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Atria Wealth Solutions Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 30.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 167,437 shares of the company's stock valued at $1,780,000 after acquiring an additional 38,842 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at $455,000. Advisors Asset Management Inc. raised its position in shares of BlackRock MuniHoldings California Quality Fund by 10.7% during the fourth quarter. Advisors Asset Management Inc. now owns 574,270 shares of the company's stock valued at $6,104,000 after buying an additional 55,557 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at about $368,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of BlackRock MuniHoldings California Quality Fund by 255.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 96,220 shares of the company's stock worth $1,023,000 after acquiring an additional 69,136 shares in the last quarter. Institutional investors own 30.99% of the company's stock.
BlackRock MuniHoldings California Quality Fund Trading Down 0.4%
Shares of MUC traded down $0.05 during midday trading on Thursday, hitting $10.31. The stock had a trading volume of 212,297 shares, compared to its average volume of 250,375. The stock's 50 day moving average is $10.43 and its 200 day moving average is $10.73. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $9.97 and a 1 year high of $11.64.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a $0.0535 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.64 dividend on an annualized basis and a yield of 6.23%.
BlackRock MuniHoldings California Quality Fund Company Profile
(
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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