Melfa Wealth Management Inc. Buys 9,750 Shares of BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Melfa Wealth Management Inc. increased its stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 10.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,202 shares of the company’s stock after acquiring an additional 9,750 shares during the quarter. Melfa Wealth Management Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. US Bancorp DE grew its position in shares of BlackRock MuniHoldings California Quality Fund by 937.6% in the 1st quarter. US Bancorp DE now owns 3,144 shares of the company’s stock worth $34,000 after buying an additional 2,841 shares during the last quarter. Golden State Wealth Management LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 10,390 shares of the company’s stock worth $111,000 after buying an additional 5,195 shares during the last quarter. Van Hulzen Asset Management LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 16.6% in the 1st quarter. Van Hulzen Asset Management LLC now owns 10,693 shares of the company’s stock worth $115,000 after buying an additional 1,519 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 44.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 17,514 shares of the company’s stock worth $188,000 after buying an additional 5,377 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 18.9% in the 1st quarter. Farther Finance Advisors LLC now owns 35,084 shares of the company’s stock worth $380,000 after buying an additional 5,586 shares during the last quarter. 30.99% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Trading Up 0.7%

Shares of MUC stock opened at $10.81 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $9.97 and a fifty-two week high of $11.64. The business’s 50 day moving average price is $10.38 and its 200-day moving average price is $10.40.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th will be given a $0.0535 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Monday, September 15th.

BlackRock MuniHoldings California Quality Fund 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.