Cary Street Partners Financial LLC Takes Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Cary Street Partners Financial LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 11,000 shares of the company’s stock, valued at approximately $117,000.

Several other institutional investors also recently bought and sold shares of MUC. Oppenheimer & Co. Inc. grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 18.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 12,137 shares of the company’s stock worth $129,000 after purchasing an additional 1,920 shares during the period. JPMorgan Chase & Co. purchased a new stake in BlackRock MuniHoldings California Quality Fund during the third quarter worth $25,000. Litman Gregory Wealth Management LLC grew its position in BlackRock MuniHoldings California Quality Fund by 6.0% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 38,794 shares of the company’s stock valued at $412,000 after buying an additional 2,179 shares during the period. Envestnet Asset Management Inc. grew its position in BlackRock MuniHoldings California Quality Fund by 26.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 15,996 shares of the company’s stock valued at $170,000 after buying an additional 3,334 shares during the period. Finally, Perigon Wealth Management LLC increased its holdings in BlackRock MuniHoldings California Quality Fund by 42.8% in the fourth quarter. Perigon Wealth Management LLC now owns 15,351 shares of the company’s stock valued at $163,000 after buying an additional 4,603 shares in the last quarter. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Price Performance

MUC stock opened at $10.59 on Monday. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $9.97 and a 52-week high of $11.64. The company’s 50-day simple moving average is $10.57 and its 200-day simple moving average is $10.81.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be issued a $0.0535 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.64 dividend on an annualized basis and a yield of 6.06%.

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.