Octavia Wealth Advisors LLC Takes $120,000 Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Octavia Wealth Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,268 shares of the company’s stock, valued at approximately $120,000.

A number of other hedge funds have also bought and sold shares of MUC. Rockefeller Capital Management L.P. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 0.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company’s stock valued at $1,342,000 after purchasing an additional 1,072 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in BlackRock MuniHoldings California Quality Fund during the third quarter worth about $25,000. Integrated Wealth Concepts LLC increased its holdings in BlackRock MuniHoldings California Quality Fund by 9.7% during the third quarter. Integrated Wealth Concepts LLC now owns 27,878 shares of the company’s stock worth $321,000 after buying an additional 2,459 shares during the last quarter. Intellectus Partners LLC raised its position in BlackRock MuniHoldings California Quality Fund by 5.0% in the third quarter. Intellectus Partners LLC now owns 83,226 shares of the company’s stock worth $963,000 after acquiring an additional 3,994 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the third quarter valued at about $48,000. 30.99% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Performance

Shares of MUC stock opened at $10.73 on Thursday. The company has a 50 day moving average of $10.91 and a 200-day moving average of $11.16. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $10.52 and a 12-month high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be paid a $0.0535 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.64 annualized dividend and a dividend yield of 5.98%.

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.