WESCAP Management Group Inc. Has $834,000 Stock Position in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

WESCAP Management Group Inc. increased its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 63.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,576 shares of the company’s stock after purchasing an additional 31,156 shares during the quarter. WESCAP Management Group Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $834,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 2nd quarter valued at approximately $28,000. US Bancorp DE grew its holdings in shares of BlackRock MuniHoldings California Quality Fund by 937.6% during the first quarter. US Bancorp DE now owns 3,144 shares of the company’s stock valued at $34,000 after buying an additional 2,841 shares in the last quarter. Van Hulzen Asset Management LLC grew its holdings in shares of BlackRock MuniHoldings California Quality Fund by 16.6% during the first quarter. Van Hulzen Asset Management LLC now owns 10,693 shares of the company’s stock valued at $115,000 after buying an additional 1,519 shares in the last quarter. Realta Investment Advisors purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 2nd quarter worth about $141,000. Finally, Baird Financial Group Inc. boosted its position in BlackRock MuniHoldings California Quality Fund by 37.7% during the 1st quarter. Baird Financial Group Inc. now owns 38,079 shares of the company’s stock worth $408,000 after acquiring an additional 10,416 shares during the period. 30.99% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Price Performance

NYSE MUC opened at $10.82 on Friday. The company has a 50 day simple moving average of $10.74 and a 200-day simple moving average of $10.45. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $9.97 and a 52-week high of $11.47.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be issued a $0.0535 dividend. The ex-dividend date is Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 5.9%.

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.