Wolverine Asset Management LLC Acquires 28,772 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Wolverine Asset Management LLC raised its stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 450.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,162 shares of the company’s stock after buying an additional 28,772 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fortitude Family Office LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund during the third quarter worth $48,000. Blue Bell Private Wealth Management LLC boosted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 242.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 4,800 shares of the company’s stock valued at $53,000 after purchasing an additional 3,400 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the first quarter valued at about $119,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of BlackRock MuniHoldings California Quality Fund by 37.8% in the first quarter. B. Riley Wealth Advisors Inc. now owns 18,822 shares of the company’s stock worth $207,000 after purchasing an additional 5,159 shares during the last quarter. Finally, Ackerman Capital Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund in the third quarter worth about $236,000. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

NYSE MUC opened at $11.12 on Thursday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $9.97 and a 1-year high of $11.64. The business has a 50 day simple moving average of $11.37 and a two-hundred day simple moving average of $11.16.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a $0.0535 dividend. This represents a $0.64 annualized dividend and a yield of 5.77%. The ex-dividend date is Friday, November 15th.

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.