Mackay Shields LLC Buys New Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Mackay Shields LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 40,376 shares of the company’s stock, valued at approximately $449,000.

Several other large investors also recently bought and sold shares of MUC. Ritholtz Wealth Management acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 3rd quarter valued at $220,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the third quarter worth about $168,000. Dakota Wealth Management lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 0.7% in the third quarter. Dakota Wealth Management now owns 166,402 shares of the company’s stock worth $1,591,000 after acquiring an additional 1,150 shares in the last quarter. Beach Point Capital Management LP boosted its holdings in BlackRock MuniHoldings California Quality Fund by 23.9% in the third quarter. Beach Point Capital Management LP now owns 395,036 shares of the company’s stock valued at $3,777,000 after purchasing an additional 76,087 shares during the last quarter. Finally, Fort Point Capital Partners LLC grew its stake in BlackRock MuniHoldings California Quality Fund by 110.2% during the 3rd quarter. Fort Point Capital Partners LLC now owns 35,902 shares of the company’s stock valued at $343,000 after purchasing an additional 18,820 shares in the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

Shares of MUC traded down $0.09 during trading on Thursday, reaching $10.62. The company’s stock had a trading volume of 212,531 shares, compared to its average volume of 263,089. The company has a fifty day moving average of $10.97 and a two-hundred day moving average of $10.70. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $9.19 and a twelve month high of $11.30.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.0485 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.58 annualized dividend and a yield of 5.48%.

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.