Cetera Investment Advisers Reduces Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Cetera Investment Advisers trimmed its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 3.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,371 shares of the company’s stock after selling 3,073 shares during the period. Cetera Investment Advisers owned approximately 0.09% of BlackRock MuniHoldings California Quality Fund worth $925,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 10,390 shares of the company’s stock valued at $111,000 after buying an additional 5,195 shares during the last quarter. Cary Street Partners Financial LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $117,000. XTX Topco Ltd purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $158,000. Envestnet Asset Management Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 26.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,996 shares of the company’s stock valued at $170,000 after buying an additional 3,334 shares during the last quarter. Finally, Two Sigma Securities LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $170,000. 30.99% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Down 0.0%

NYSE MUC opened at $10.29 on Wednesday. The firm’s fifty day moving average price is $10.25 and its 200 day moving average price is $10.51. 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 Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be given a dividend of $0.0535 per share. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, August 15th.

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.