BlackRock MuniHoldings California Quality Fund, Inc. $MUC Stock Position Lowered by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. decreased its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 81.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,771 shares of the company’s stock after selling 84,645 shares during the period. Rockefeller Capital Management L.P.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $199,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Guggenheim Capital LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 9.2% during the fourth quarter. Guggenheim Capital LLC now owns 2,479,122 shares of the company’s stock valued at $26,279,000 after buying an additional 208,561 shares in the last quarter. Rivernorth Capital Management LLC raised its position in BlackRock MuniHoldings California Quality Fund by 55.2% in the fourth quarter. Rivernorth Capital Management LLC now owns 2,308,887 shares of the company’s stock worth $24,474,000 after acquiring an additional 821,347 shares in the last quarter. Bank of America Corp DE raised its position in BlackRock MuniHoldings California Quality Fund by 9.2% in the third quarter. Bank of America Corp DE now owns 1,774,050 shares of the company’s stock worth $19,248,000 after acquiring an additional 148,959 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in BlackRock MuniHoldings California Quality Fund by 51.8% in the 4th quarter. Advisors Asset Management Inc. now owns 1,351,242 shares of the company’s stock valued at $14,323,000 after acquiring an additional 461,268 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in BlackRock MuniHoldings California Quality Fund by 12.8% in the 4th quarter. Wells Fargo & Company MN now owns 659,808 shares of the company’s stock valued at $6,994,000 after acquiring an additional 74,727 shares during the last quarter. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

NYSE:MUC opened at $10.97 on Thursday. The company has a 50-day moving average of $10.80 and a 200-day moving average of $10.77. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $10.00 and a twelve month high of $11.16.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a dividend of $0.0535 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 5.8%.

BlackRock MuniHoldings California Quality Fund Profile

BlackRock MuniHoldings California Quality Fund (NYSE: MUC) is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.

The fund’s portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.