Advisors Asset Management Inc. Increases Stock Holdings in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Advisors Asset Management Inc. boosted its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 18.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 889,974 shares of the company’s stock after purchasing an additional 137,126 shares during the period. Advisors Asset Management Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $9,656,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MUC. Ameritas Advisory Services LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 2nd quarter valued at $28,000. Envestnet Asset Management Inc. raised its position in BlackRock MuniHoldings California Quality Fund by 57.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 49,899 shares of the company’s stock worth $516,000 after purchasing an additional 18,135 shares during the last quarter. Wedbush Securities Inc. boosted its position in shares of BlackRock MuniHoldings California Quality Fund by 7.6% during the second quarter. Wedbush Securities Inc. now owns 61,439 shares of the company’s stock worth $636,000 after purchasing an additional 4,324 shares in the last quarter. WESCAP Management Group Inc. increased its stake in BlackRock MuniHoldings California Quality Fund by 63.0% in the 2nd quarter. WESCAP Management Group Inc. now owns 80,576 shares of the company’s stock valued at $834,000 after buying an additional 31,156 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of BlackRock MuniHoldings California Quality Fund by 3.1% in the second quarter. Rockefeller Capital Management L.P. now owns 110,392 shares of the company’s stock valued at $1,143,000 after purchasing an additional 3,339 shares during the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Down 0.5%

MUC stock opened at $10.79 on Thursday. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $9.97 and a 52-week high of $11.20. The company has a fifty day moving average price of $10.77 and a 200-day moving average price of $10.65.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a $0.0535 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Friday, March 13th.

About BlackRock MuniHoldings California Quality Fund

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.