Steward Partners Investment Advisory LLC Sells 2,445 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Steward Partners Investment Advisory LLC reduced its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUCFree Report) by 9.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,154 shares of the company’s stock after selling 2,445 shares during the period. Steward Partners Investment Advisory LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $258,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Saba Capital Management L.P. boosted its holdings in BlackRock MuniHoldings California Quality Fund by 93.2% in the 3rd quarter. Saba Capital Management L.P. now owns 3,874,186 shares of the company’s stock valued at $37,037,000 after purchasing an additional 1,868,475 shares during the period. Karpus Management Inc. boosted its holdings in BlackRock MuniHoldings California Quality Fund by 17.6% in the 3rd quarter. Karpus Management Inc. now owns 3,541,791 shares of the company’s stock valued at $33,860,000 after purchasing an additional 529,289 shares during the period. Wells Fargo & Company MN boosted its holdings in BlackRock MuniHoldings California Quality Fund by 20.7% in the 4th quarter. Wells Fargo & Company MN now owns 667,335 shares of the company’s stock valued at $7,427,000 after purchasing an additional 114,323 shares during the period. Robinson Capital Management LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 87.7% in the 4th quarter. Robinson Capital Management LLC now owns 536,459 shares of the company’s stock valued at $5,987,000 after purchasing an additional 250,645 shares during the period. Finally, AQR Arbitrage LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 102.2% in the 3rd quarter. AQR Arbitrage LLC now owns 508,322 shares of the company’s stock valued at $4,860,000 after purchasing an additional 256,925 shares during the period. 30.99% of the stock is owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of BlackRock MuniHoldings California Quality Fund stock opened at $10.94 on Monday. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $9.19 and a fifty-two week high of $11.30. The firm has a fifty day moving average price of $10.82 and a two-hundred day moving average price of $10.96.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be paid a $0.0485 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend is Friday, June 14th.

BlackRock MuniHoldings California Quality Fund Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for BlackRock MuniHoldings California Quality Fund (NYSE:MUC)

Receive News & Ratings for BlackRock MuniHoldings California Quality Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings California Quality Fund and related companies with MarketBeat.com's FREE daily email newsletter.