Hennion & Walsh Asset Management Inc. lowered its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 11.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 241,397 shares of the company's stock after selling 32,754 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.25% of BlackRock MuniHoldings California Quality Fund worth $2,585,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Oppenheimer & Co. Inc. boosted its stake in BlackRock MuniHoldings California Quality Fund by 18.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 12,137 shares of the company's stock worth $129,000 after purchasing an additional 1,920 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth $25,000. Envestnet Asset Management Inc. lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 26.3% in the 4th 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 during the period. EP Wealth Advisors LLC lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 37.9% in the 4th quarter. EP Wealth Advisors LLC now owns 17,734 shares of the company's stock worth $189,000 after acquiring an additional 4,875 shares during the period. Finally, Intellectus Partners LLC lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 6.0% in the 4th quarter. Intellectus Partners LLC now owns 88,204 shares of the company's stock worth $938,000 after acquiring an additional 4,978 shares during the period. Institutional investors and hedge funds own 30.99% of the company's stock.
BlackRock MuniHoldings California Quality Fund Stock Down 0.3%
Shares of MUC stock traded down $0.04 during mid-day trading on Friday, hitting $10.29. The stock had a trading volume of 253,949 shares, compared to its average volume of 250,743. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $9.97 and a fifty-two week high of $11.64. The company's 50-day simple moving average is $10.41 and its 200-day simple moving average is $10.72.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be paid a $0.0535 dividend. This represents a $0.64 annualized dividend and a dividend yield of 6.24%. The ex-dividend date is Friday, June 13th.
About BlackRock MuniHoldings California Quality Fund
(
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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