60,865 Shares in BlackRock MuniHoldings California Quality Fund, Inc. $MUC Bought by Western Wealth Management LLC

Western Wealth Management LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 60,865 shares of the company’s stock, valued at approximately $633,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MUC. WFA of San Diego LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 2nd quarter valued at $26,000. Elyxium Wealth LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter worth about $69,000. Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 2nd quarter valued at about $104,000. Pasadena Private Wealth LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $106,000. Finally, EP Wealth Advisors LLC bought a new stake in BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at about $126,000. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

NYSE:MUC opened at $10.61 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $10.08 and a 12-month high of $11.16. The firm has a 50-day moving average price of $10.83 and a 200 day moving average price of $10.79.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.0535 dividend. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Tuesday, September 15th.

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.