Advisors Asset Management Inc. Grows Stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Advisors Asset Management Inc. increased its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 6.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 518,713 shares of the company’s stock after purchasing an additional 30,594 shares during the quarter. Advisors Asset Management Inc. owned approximately 0.54% of BlackRock MuniHoldings California Quality Fund worth $5,976,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. boosted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 37.8% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 18,822 shares of the company’s stock valued at $207,000 after buying an additional 5,159 shares in the last quarter. Virtu Financial LLC acquired a new position in BlackRock MuniHoldings California Quality Fund in the first quarter valued at $119,000. Destination Wealth Management grew its holdings in shares of BlackRock MuniHoldings California Quality Fund by 59.5% during the second quarter. Destination Wealth Management now owns 43,053 shares of the company’s stock worth $478,000 after purchasing an additional 16,053 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 15.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 64,145 shares of the company’s stock valued at $712,000 after purchasing an additional 8,467 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its position in shares of BlackRock MuniHoldings California Quality Fund by 57.4% in the 2nd quarter. Wolverine Asset Management LLC now owns 6,390 shares of the company’s stock valued at $71,000 after purchasing an additional 2,330 shares during the period. 30.99% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Stock Up 0.3 %

MUC opened at $10.97 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 52 week low of $10.35 and a 52 week high of $11.64. The business’s 50 day moving average is $11.32 and its two-hundred day moving average is $11.17.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a $0.0535 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.64 annualized dividend and a yield of 5.85%.

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.