Western Wealth Management LLC Invests $633,000 in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Western Wealth Management LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUCFree Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 60,865 shares of the company’s stock, valued at approximately $633,000.

Several other hedge funds also recently bought and sold shares of the company. WFA of San Diego LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth approximately $26,000. Elyxium Wealth LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth $69,000. Pasadena Private Wealth LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth $106,000. Nomura Holdings Inc. purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund in the second quarter worth $104,000. Finally, EP Wealth Advisors LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the fourth quarter valued at $126,000. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

BlackRock MuniHoldings California Quality Fund stock opened at $10.87 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 52 week low of $10.08 and a 52 week high of $11.16. The business has a 50-day simple moving average of $10.83 and a 200 day simple moving average of $10.78.

BlackRock MuniHoldings California Quality Fund Announces Dividend

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

BlackRock MuniHoldings California Quality Fund Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock MuniHoldings California Quality Fund (NYSE:MUC)

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