Western Wealth Management LLC Acquires Shares of 60,865 BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Western Wealth Management LLC bought a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 60,865 shares of the company’s stock, valued at approximately $633,000.

Several other large investors have also made changes to their positions in the company. Cerity Partners LLC lifted its holdings in BlackRock MuniHoldings California Quality Fund by 6.5% during the 2nd quarter. Cerity Partners LLC now owns 43,407 shares of the company’s stock valued at $449,000 after purchasing an additional 2,646 shares during the last quarter. Jane Street Group LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the second quarter worth about $661,000. Bank of America Corp DE grew its stake in BlackRock MuniHoldings California Quality Fund by 6.6% during the second quarter. Bank of America Corp DE now owns 1,625,091 shares of the company’s stock worth $16,820,000 after buying an additional 100,434 shares during the last quarter. WFA of San Diego LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the second quarter worth approximately $26,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the second quarter worth approximately $104,000. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Up 0.2%

NYSE:MUC opened at $10.61 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $10.08 and a 1 year high of $11.16. The firm has a 50 day moving average of $10.83 and a 200-day moving average of $10.79.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.0535 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock MuniHoldings California Quality Fund Profile

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.