Envestnet Asset Management Inc. Raises Stock Position in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Envestnet Asset Management Inc. lifted its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 57.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,899 shares of the company’s stock after acquiring an additional 18,135 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $516,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Realta Investment Advisors purchased a new stake in BlackRock MuniHoldings California Quality Fund during the second quarter worth $141,000. Thomas J. Herzfeld Advisors Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 8.4% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 233,897 shares of the company’s stock valued at $2,505,000 after buying an additional 18,204 shares in the last quarter. LPL Financial LLC raised its stake in shares of BlackRock MuniHoldings California Quality Fund by 13.2% during the 1st quarter. LPL Financial LLC now owns 179,861 shares of the company’s stock worth $1,926,000 after buying an additional 20,960 shares during the last quarter. US Bancorp DE grew its stake in BlackRock MuniHoldings California Quality Fund by 937.6% in the 1st quarter. US Bancorp DE now owns 3,144 shares of the company’s stock valued at $34,000 after acquiring an additional 2,841 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in BlackRock MuniHoldings California Quality Fund by 37.7% during the 1st quarter. Baird Financial Group Inc. now owns 38,079 shares of the company’s stock valued at $408,000 after acquiring an additional 10,416 shares in the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Up 0.7%

Shares of NYSE MUC opened at $10.72 on Tuesday. The firm’s 50-day moving average is $10.78 and its two-hundred day moving average is $10.47. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $9.97 and a 12-month high of $11.47.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid a $0.0535 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.