BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $10.06 and traded as high as $10.10. BlackRock MuniHoldings California Quality Fund shares last traded at $10.0750, with a volume of 477,152 shares.
BlackRock MuniHoldings California Quality Fund Price Performance
The stock has a fifty day simple moving average of $10.06 and a two-hundred day simple moving average of $10.60.
BlackRock MuniHoldings California Quality Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be paid a dividend of $0.0535 per share. The ex-dividend date is Friday, December 11th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.4%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in MUC. Trilogy Capital Inc. boosted its position in BlackRock MuniHoldings California Quality Fund by 0.8% in the 2nd quarter. Trilogy Capital Inc. now owns 168,900 shares of the company's stock valued at $1,856,000 after buying an additional 1,301 shares during the last quarter. Myecfo LLC grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 2.0% during the third quarter. Myecfo LLC now owns 75,350 shares of the company's stock valued at $735,000 after acquiring an additional 1,512 shares in the last quarter. Decision Investments Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 14.3% during the third quarter. Decision Investments Inc. now owns 16,029 shares of the company's stock worth $156,000 after acquiring an additional 2,000 shares during the last quarter. Van Hulzen Asset Management LLC increased its position in shares of BlackRock MuniHoldings California Quality Fund by 14.8% during the second quarter. Van Hulzen Asset Management LLC now owns 20,532 shares of the company's stock worth $226,000 after acquiring an additional 2,650 shares during the last quarter. Finally, NWF Advisory Services Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 22.5% during the first quarter. NWF Advisory Services Inc. now owns 22,002 shares of the company's stock worth $229,000 after acquiring an additional 4,044 shares during the last quarter. 30.99% of the stock is currently owned by hedge funds and other institutional investors.
BlackRock MuniHoldings California Quality Fund Company Profile
(
Get Free Report)
BlackRock MuniHoldings California Quality Fund, Inc NYSE: MUC is a closed-end investment fund managed by BlackRock Advisors, LLC. The fund seeks to provide current income that is exempt from U.S. federal income tax and California state personal income tax by investing primarily in municipal obligations issued by or on behalf of California municipalities and related public entities.
The fund's portfolio may include tax-exempt bonds and other debt securities that finance public infrastructure and essential services, such as transportation, education, healthcare, utilities and housing.
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