LPL Financial LLC Increases Stock Position in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

LPL Financial LLC increased its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 13.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 179,861 shares of the company’s stock after acquiring an additional 20,960 shares during the period. LPL Financial LLC owned about 0.19% of BlackRock MuniHoldings California Quality Fund worth $1,926,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 26.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 15,996 shares of the company’s stock valued at $170,000 after acquiring an additional 3,334 shares during the period. Raymond James Financial Inc. purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth $455,000. XTX Topco Ltd purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth $158,000. Two Sigma Securities LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $170,000. Finally, Jane Street Group LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $368,000. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Trading Down 0.5%

Shares of NYSE:MUC opened at $10.1310 on Thursday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $9.97 and a 12 month high of $11.64. The firm’s 50-day moving average is $10.24 and its 200 day moving average is $10.49.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be paid a dividend of $0.0535 per share. The ex-dividend date is Friday, August 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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.