BlackRock MuniHoldings California Quality Fund (NYSE:MUC) Reaches New 52-Week High at $11.31

Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) hit a new 52-week high on Friday . The stock traded as high as $11.31 and last traded at $11.30, with a volume of 5568 shares trading hands. The stock had previously closed at $11.29.

BlackRock MuniHoldings California Quality Fund Trading Up 0.1 %

The firm has a fifty day moving average price of $10.96 and a 200 day moving average price of $11.00.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 1st. Investors of record on Monday, July 15th will be paid a $0.0485 dividend. This represents a $0.58 annualized dividend and a yield of 5.15%. The ex-dividend date of this dividend is Monday, July 15th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Spire Wealth Management acquired a new position in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth about $51,000. Centaurus Financial Inc. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $105,000. Sanders Morris Harris LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 1st quarter valued at about $110,000. Virtu Financial LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 1st quarter valued at about $119,000. Finally, EP Wealth Advisors LLC grew its holdings in BlackRock MuniHoldings California Quality Fund by 28.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 12,859 shares of the company’s stock valued at $123,000 after buying an additional 2,859 shares during the last quarter. 30.99% of the stock is owned by institutional investors and hedge funds.

About BlackRock MuniHoldings California Quality Fund

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.