Rareview Capital LLC Sells 57,944 Shares of BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Rareview Capital LLC lowered its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 31.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,561 shares of the company’s stock after selling 57,944 shares during the period. Rareview Capital LLC owned about 0.10% of BlackRock MuniHoldings California Quality Fund worth $1,300,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Susquehanna International Group LLP grew its stake in BlackRock MuniHoldings California Quality Fund by 48.1% in the second quarter. Susquehanna International Group LLP now owns 22,160 shares of the company’s stock valued at $244,000 after acquiring an additional 7,201 shares during the period. Wedbush Securities Inc. raised its position in shares of BlackRock MuniHoldings California Quality Fund by 5.2% during the second quarter. Wedbush Securities Inc. now owns 126,730 shares of the company’s stock worth $1,393,000 after purchasing an additional 6,298 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 5.2% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 709,302 shares of the company’s stock valued at $7,795,000 after purchasing an additional 35,327 shares during the period. Avior Wealth Management LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 84.9% in the 2nd quarter. Avior Wealth Management LLC now owns 18,668 shares of the company’s stock valued at $205,000 after purchasing an additional 8,574 shares during the period. Finally, Trilogy Capital Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 0.8% in the 2nd quarter. Trilogy Capital Inc. now owns 168,900 shares of the company’s stock valued at $1,856,000 after purchasing an additional 1,301 shares during the period. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

NYSE MUC opened at $10.44 on Friday. The business has a 50 day simple moving average of $10.76 and a 200 day simple moving average of $10.75. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $10.20 and a 52-week high of $11.16.

About BlackRock MuniHoldings California Quality Fund

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.