JFS Wealth Advisors LLC Lowers Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

JFS Wealth Advisors LLC trimmed its stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 50.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,004 shares of the company’s stock after selling 9,996 shares during the period. JFS Wealth Advisors LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Choreo LLC increased its holdings in shares of BlackRock MuniHoldings California Quality Fund by 5.8% during the 2nd quarter. Choreo LLC now owns 41,135 shares of the company’s stock valued at $453,000 after purchasing an additional 2,262 shares in the last quarter. Wolverine Asset Management LLC boosted its stake in shares of BlackRock MuniHoldings California Quality Fund by 57.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 6,390 shares of the company’s stock worth $71,000 after acquiring an additional 2,330 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its stake in shares of BlackRock MuniHoldings California Quality Fund by 242.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 4,800 shares of the company’s stock worth $53,000 after acquiring an additional 3,400 shares in the last quarter. Wedbush Securities Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 12.1% during the 2nd quarter. Wedbush Securities Inc. now owns 36,314 shares of the company’s stock valued at $403,000 after acquiring an additional 3,914 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at about $48,000. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Performance

Shares of MUC stock opened at $11.08 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $9.47 and a 12-month high of $11.64. The business’s 50 day moving average is $11.38 and its two-hundred day moving average is $11.14.

BlackRock MuniHoldings California Quality Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were paid a $0.0535 dividend. The ex-dividend date was Tuesday, October 15th. This represents a $0.64 dividend on an annualized basis and a yield of 5.79%. This is a boost from BlackRock MuniHoldings California Quality Fund’s previous monthly dividend of $0.05.

BlackRock MuniHoldings California Quality Fund Company Profile

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.