NINE MASTS CAPITAL Ltd Sells 60,110 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

NINE MASTS CAPITAL Ltd lessened its holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 75.3% in the fourth quarter, Holdings Channel reports. The firm owned 19,706 shares of the company’s stock after selling 60,110 shares during the period. NINE MASTS CAPITAL Ltd’s holdings in BlackRock MuniHoldings California Quality Fund were worth $209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Rivernorth Capital Management LLC boosted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 7.1% in the 3rd quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company’s stock worth $29,233,000 after buying an additional 167,785 shares during the last quarter. Dakota Wealth Management raised its position in BlackRock MuniHoldings California Quality Fund by 43.5% in the fourth quarter. Dakota Wealth Management now owns 186,176 shares of the company’s stock worth $1,979,000 after acquiring an additional 56,400 shares during the period. Atria Wealth Solutions Inc. boosted its stake in BlackRock MuniHoldings California Quality Fund by 30.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 167,437 shares of the company’s stock valued at $1,780,000 after acquiring an additional 38,842 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 6.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 518,713 shares of the company’s stock valued at $5,976,000 after acquiring an additional 30,594 shares during the period. Finally, Farther Finance Advisors LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter valued at approximately $340,000. 30.99% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Up 0.5 %

NYSE:MUC opened at $11.09 on Monday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $10.52 and a 12 month high of $11.64. The firm’s 50 day moving average is $10.80 and its 200 day moving average is $11.10.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.0535 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.64 annualized dividend and a dividend yield of 5.79%.

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.