Farther Finance Advisors LLC Boosts Stock Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Farther Finance Advisors LLC raised its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 18.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,084 shares of the company’s stock after acquiring an additional 5,586 shares during the quarter. Farther Finance Advisors LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $380,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MUC. Whipplewood Advisors LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth approximately $117,000. Cary Street Partners Financial LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at approximately $117,000. Oppenheimer & Co. Inc. lifted its position in BlackRock MuniHoldings California Quality Fund by 18.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 12,137 shares of the company’s stock worth $129,000 after buying an additional 1,920 shares in the last quarter. Wellspring Financial Advisors LLC purchased a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth approximately $141,000. Finally, XTX Topco Ltd acquired a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $158,000. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Down 0.0%

Shares of MUC stock opened at $10.29 on Tuesday. The firm’s 50-day moving average is $10.38 and its two-hundred day moving average is $10.68. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $9.97 and a 12 month high of $11.64.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be given a $0.0535 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.64 annualized dividend and a yield of 6.24%.

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.