Bank of America Corp DE Has $17.06 Million Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Bank of America Corp DE grew its stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 6.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,604,841 shares of the company’s stock after acquiring an additional 92,731 shares during the period. Bank of America Corp DE owned 1.67% of BlackRock MuniHoldings California Quality Fund worth $17,059,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Guggenheim Capital LLC boosted its position in BlackRock MuniHoldings California Quality Fund by 24.5% during the fourth quarter. Guggenheim Capital LLC now owns 1,590,482 shares of the company’s stock valued at $16,907,000 after purchasing an additional 313,310 shares during the last quarter. Atala Financial Inc purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter worth about $2,672,000. Almitas Capital LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $1,181,000. PNC Financial Services Group Inc. grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 255.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 96,220 shares of the company’s stock valued at $1,023,000 after buying an additional 69,136 shares in the last quarter. Finally, Alteri Wealth LLC bought a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at approximately $697,000. 30.99% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Stock Down 0.1%

Shares of MUC opened at $10.43 on Wednesday. The firm’s 50 day moving average price is $10.51 and its 200 day moving average price is $10.79. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $9.97 and a twelve month high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.0535 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.16%.

BlackRock MuniHoldings California Quality Fund 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.