Southern Style Financial Inc. Acquires Shares of 11,649 BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Southern Style Financial Inc. bought a new position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,649 shares of the company’s stock, valued at approximately $124,000. BlackRock MuniHoldings California Quality Fund makes up approximately 0.1% of Southern Style Financial Inc.’s investment portfolio, making the stock its 28th largest position.

Other hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth approximately $4,308,000. Rivernorth Capital Management LLC increased its position in shares of BlackRock MuniHoldings California Quality Fund by 7.1% during the third quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company’s stock worth $29,233,000 after purchasing an additional 167,785 shares in the last quarter. Dakota Wealth Management increased its position in shares of BlackRock MuniHoldings California Quality Fund by 43.5% during the fourth quarter. Dakota Wealth Management now owns 186,176 shares of the company’s stock worth $1,979,000 after purchasing an additional 56,400 shares in the last quarter. Creative Planning raised its stake in BlackRock MuniHoldings California Quality Fund by 201.5% in the 2nd quarter. Creative Planning now owns 57,242 shares of the company’s stock valued at $635,000 after purchasing an additional 38,254 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in BlackRock MuniHoldings California Quality Fund by 6.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 518,713 shares of the company’s stock valued at $5,976,000 after purchasing an additional 30,594 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 0.4 %

BlackRock MuniHoldings California Quality Fund stock opened at $10.80 on Wednesday. The company has a fifty day simple moving average of $10.89 and a 200-day simple moving average of $11.15. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $10.52 and a 52-week high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a dividend of $0.0535 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.64 annualized dividend and a yield of 5.95%.

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.