Whipplewood Advisors LLC Takes Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Whipplewood Advisors LLC bought a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,960 shares of the company’s stock, valued at approximately $117,000.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the third quarter valued at about $25,000. Golden State Wealth Management LLC acquired a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth about $55,000. Oppenheimer & Co. Inc. acquired a new position in BlackRock MuniHoldings California Quality Fund during the third quarter worth about $118,000. Octavia Wealth Advisors LLC acquired a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth about $120,000. Finally, Southern Style Financial Inc. acquired a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth about $124,000. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

MUC opened at $11.00 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $10.52 and a twelve month high of $11.64. The firm’s 50-day moving average price is $10.79 and its 200 day moving average price is $11.11.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.0535 per share. The ex-dividend date is Friday, February 14th. This represents a $0.64 dividend on an annualized basis and a yield of 5.84%.

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.