Tortoise Investment Management LLC Has $258,000 Stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Tortoise Investment Management LLC lowered its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 17.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 24,311 shares of the company’s stock after selling 5,150 shares during the period. Tortoise Investment Management LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $258,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Intellectus Partners LLC lifted its position in shares of BlackRock MuniHoldings California Quality Fund by 6.0% in the 4th quarter. Intellectus Partners LLC now owns 88,204 shares of the company’s stock worth $938,000 after purchasing an additional 4,978 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of BlackRock MuniHoldings California Quality Fund by 255.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 96,220 shares of the company’s stock worth $1,023,000 after purchasing an additional 69,136 shares during the period. Destination Wealth Management lifted its position in shares of BlackRock MuniHoldings California Quality Fund by 32.5% in the 4th quarter. Destination Wealth Management now owns 57,048 shares of the company’s stock worth $606,000 after purchasing an additional 13,995 shares during the period. Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at $455,000. Finally, Oppenheimer & Co. Inc. lifted its position in shares of BlackRock MuniHoldings California Quality Fund by 18.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 12,137 shares of the company’s stock valued at $129,000 after acquiring an additional 1,920 shares during the period. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Down 0.0 %

BlackRock MuniHoldings California Quality Fund stock opened at $10.92 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $10.52 and a 12-month high of $11.64. The firm’s fifty day moving average is $10.85 and its 200 day moving average is $11.09.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 5.88%.

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.