Western Wealth Management LLC cut its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Free Report) by 49.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,733 shares of the company's stock after selling 43,931 shares during the quarter. Western Wealth Management LLC's holdings in BlackRock MuniHoldings California Quality Fund were worth $486,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of MUC. JPMorgan Chase & Co. acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 3rd quarter valued at $25,000. Golden State Wealth Management LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at about $55,000. Whipplewood Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at about $117,000. Cary Street Partners Financial LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at about $117,000. Finally, Southern Style Financial Inc. acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at approximately $124,000. Institutional investors and hedge funds own 30.99% of the company's stock.
BlackRock MuniHoldings California Quality Fund Stock Performance
Shares of BlackRock MuniHoldings California Quality Fund stock traded up $0.03 on Thursday, hitting $10.32. 63,772 shares of the company's stock traded hands, compared to its average volume of 250,441. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $9.97 and a 52-week high of $11.64. The firm's 50-day moving average is $10.46 and its 200 day moving average is $10.76.
BlackRock MuniHoldings California Quality Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.0535 per share. This represents a $0.64 annualized dividend and a yield of 6.22%. The ex-dividend date is Thursday, May 15th.
BlackRock MuniHoldings California Quality Fund 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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