BlackRock MuniHoldings California Quality Fund, Inc. $MUC Position Increased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 17.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 593,053 shares of the company’s stock after acquiring an additional 88,226 shares during the period. Allspring Global Investments Holdings LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $6,286,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Hennion & Walsh Asset Management Inc. raised its holdings in shares of BlackRock MuniHoldings California Quality Fund by 22.1% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 400,600 shares of the company’s stock worth $4,246,000 after acquiring an additional 72,385 shares in the last quarter. Cypress Wealth Services LLC raised its holdings in shares of BlackRock MuniHoldings California Quality Fund by 20.6% during the fourth quarter. Cypress Wealth Services LLC now owns 62,439 shares of the company’s stock worth $662,000 after acquiring an additional 10,668 shares in the last quarter. Dakota Wealth Management raised its holdings in BlackRock MuniHoldings California Quality Fund by 1.3% during the fourth quarter. Dakota Wealth Management now owns 234,900 shares of the company’s stock valued at $2,490,000 after buying an additional 2,900 shares in the last quarter. Moody National Bank Trust Division bought a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at about $114,000. Finally, Permanent Capital Management LP bought a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at about $140,000. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Performance

NYSE MUC opened at $10.41 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $9.97 and a fifty-two week high of $11.04. The stock’s 50-day moving average is $10.76 and its two-hundred day moving average is $10.75.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0535 per share. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date is Monday, June 15th.

BlackRock MuniHoldings California Quality Fund Profile

BlackRock MuniHoldings California Quality Fund (NYSE: MUC) is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.

The fund’s portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.