BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Shares Sold by Dakota Wealth Management

Dakota Wealth Management cut its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 3.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 129,776 shares of the company’s stock after selling 4,500 shares during the period. Dakota Wealth Management’s holdings in BlackRock MuniHoldings California Quality Fund were worth $1,495,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MUC. Sanctuary Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth about $4,308,000. Robinson Capital Management LLC increased its stake in shares of BlackRock MuniHoldings California Quality Fund by 12.8% in the 1st quarter. Robinson Capital Management LLC now owns 605,035 shares of the company’s stock valued at $6,492,000 after purchasing an additional 68,576 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in BlackRock MuniHoldings California Quality Fund by 10.3% in the 1st quarter. Advisors Asset Management Inc. now owns 513,532 shares of the company’s stock worth $5,654,000 after purchasing an additional 48,065 shares during the period. Choreo LLC purchased a new position in BlackRock MuniHoldings California Quality Fund during the first quarter worth approximately $428,000. Finally, Creative Planning grew its holdings in BlackRock MuniHoldings California Quality Fund by 201.5% in the second quarter. Creative Planning now owns 57,242 shares of the company’s stock valued at $635,000 after purchasing an additional 38,254 shares during the period. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

BlackRock MuniHoldings California Quality Fund stock opened at $11.26 on Friday. The business has a 50 day simple moving average of $11.40 and a 200-day simple moving average of $11.13. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $9.19 and a 12 month high of $11.64.

BlackRock MuniHoldings California Quality Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a $0.0535 dividend. This represents a $0.64 annualized dividend and a yield of 5.70%. The ex-dividend date is Tuesday, October 15th. This is a positive change from BlackRock MuniHoldings California Quality Fund’s previous monthly dividend of $0.05.

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.