Capital Investment Advisors LLC Cuts Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Capital Investment Advisors LLC cut its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUCGet Rating) by 7.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,893 shares of the company’s stock after selling 1,626 shares during the quarter. Capital Investment Advisors LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $238,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in MUC. Prospera Financial Services Inc purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the 1st quarter valued at $34,000. Steward Partners Investment Advisory LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 1st quarter worth about $42,000. Allworth Financial LP acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 1st quarter worth about $75,000. Landscape Capital Management L.L.C. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 1st quarter valued at about $203,000. Finally, Spectrum Asset Management Inc. NB CA acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 1st quarter valued at about $213,000. 46.12% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Down 0.9 %

NYSE MUC opened at $11.29 on Monday. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $11.00 and a twelve month high of $16.47. The stock has a 50-day moving average of $12.26 and a 200 day moving average of $12.28.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Thursday, September 15th will be paid a dividend of $0.055 per share. The ex-dividend date is Wednesday, September 14th. This represents a $0.66 annualized dividend and a yield of 5.85%.

BlackRock MuniHoldings California Quality Fund Company Profile

(Get Rating)

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.

See Also

Want to see what other hedge funds are holding MUC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUCGet Rating).

Institutional Ownership by Quarter for BlackRock MuniHoldings California Quality Fund (NYSE:MUC)

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