Advisors Asset Management Inc. Boosts Stock Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Advisors Asset Management Inc. grew its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 574,270 shares of the company’s stock after acquiring an additional 55,557 shares during the quarter. Advisors Asset Management Inc. owned about 0.60% of BlackRock MuniHoldings California Quality Fund worth $6,104,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Rivernorth Capital Management LLC lifted its holdings in BlackRock MuniHoldings California Quality Fund by 7.1% in the 3rd quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company’s stock valued at $29,233,000 after purchasing an additional 167,785 shares in the last quarter. Atala Financial Inc acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at about $2,672,000. Dakota Wealth Management lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 43.5% in the fourth quarter. Dakota Wealth Management now owns 186,176 shares of the company’s stock worth $1,979,000 after buying an additional 56,400 shares in the last quarter. Atria Wealth Solutions Inc. boosted its position in BlackRock MuniHoldings California Quality Fund by 30.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 167,437 shares of the company’s stock worth $1,780,000 after acquiring an additional 38,842 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in BlackRock MuniHoldings California Quality Fund by 0.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company’s stock valued at $1,342,000 after acquiring an additional 1,072 shares in the last quarter. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

MUC opened at $10.68 on Thursday. The company’s 50 day simple moving average is $10.86 and its two-hundred day simple moving average is $11.07. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $10.52 and a 1-year high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0535 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock MuniHoldings California Quality Fund

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.