Evoke Wealth LLC Acquires 77,000 Shares of BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Evoke Wealth LLC raised its holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 27.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 353,003 shares of the company’s stock after buying an additional 77,000 shares during the quarter. Evoke Wealth LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $3,742,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 17.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 593,053 shares of the company’s stock worth $6,286,000 after buying an additional 88,226 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 22.1% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 400,600 shares of the company’s stock worth $4,246,000 after buying an additional 72,385 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 18.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 889,974 shares of the company’s stock worth $9,656,000 after buying an additional 137,126 shares during the last quarter. Stratos Wealth Partners LTD. bought a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter worth approximately $229,000. Finally, Atala Financial Inc grew its position in shares of BlackRock MuniHoldings California Quality Fund by 0.6% in the 4th quarter. Atala Financial Inc now owns 272,736 shares of the company’s stock worth $2,891,000 after buying an additional 1,617 shares during the last quarter. 30.99% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Trading Up 0.5%

Shares of MUC stock opened at $10.62 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $10.00 and a fifty-two week high of $11.04. The business’s 50 day moving average price is $10.67 and its 200-day moving average price is $10.74.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.0535 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Monday, June 15th.

About BlackRock MuniHoldings California Quality Fund

BlackRock MuniHoldings California Quality Fund (NYSE: MUC) is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.

The fund’s portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.