Envestnet Asset Management Inc. Has $170,000 Stock Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Envestnet Asset Management Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 26.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,996 shares of the company’s stock after acquiring an additional 3,334 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $170,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth about $25,000. Cypress Wealth Services LLC raised its stake in shares of BlackRock MuniHoldings California Quality Fund by 118.5% during the fourth quarter. Cypress Wealth Services LLC now owns 52,726 shares of the company’s stock worth $560,000 after buying an additional 28,596 shares during the last quarter. Channel Wealth LLC lifted its holdings in BlackRock MuniHoldings California Quality Fund by 32.1% in the fourth quarter. Channel Wealth LLC now owns 78,705 shares of the company’s stock valued at $837,000 after buying an additional 19,114 shares during the period. Octavia Wealth Advisors LLC bought a new position in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at approximately $120,000. Finally, Dakota Wealth Management grew its holdings in BlackRock MuniHoldings California Quality Fund by 43.5% during the 4th quarter. Dakota Wealth Management now owns 186,176 shares of the company’s stock worth $1,979,000 after acquiring an additional 56,400 shares during the period. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

MUC stock opened at $10.56 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $9.97 and a twelve month high of $11.64. The business’s fifty day moving average is $10.58 and its 200-day moving average is $10.83.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a $0.0535 dividend. This represents a $0.64 annualized dividend and a yield of 6.08%. The ex-dividend date is Thursday, May 15th.

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.