BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC trimmed its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 50.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,004 shares of the company’s stock after selling 9,996 shares during the quarter. JFS Wealth Advisors LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $115,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Choreo LLC raised its position in shares of BlackRock MuniHoldings California Quality Fund by 5.8% during the 2nd quarter. Choreo LLC now owns 41,135 shares of the company’s stock valued at $453,000 after buying an additional 2,262 shares during the period. Wolverine Asset Management LLC raised its position in BlackRock MuniHoldings California Quality Fund by 57.4% in the second quarter. Wolverine Asset Management LLC now owns 6,390 shares of the company’s stock valued at $71,000 after purchasing an additional 2,330 shares during the period. Blue Bell Private Wealth Management LLC raised its position in BlackRock MuniHoldings California Quality Fund by 242.9% in the second 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 period. Wedbush Securities Inc. lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 12.1% in the 2nd quarter. Wedbush Securities Inc. now owns 36,314 shares of the company’s stock valued at $403,000 after purchasing an additional 3,914 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth $48,000. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

Shares of MUC opened at $11.08 on Friday. The company’s 50-day moving average price is $11.38 and its 200 day moving average price is $11.14. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $9.47 and a 12-month high of $11.64.

BlackRock MuniHoldings California Quality Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were issued a $0.0535 dividend. This is a positive change from BlackRock MuniHoldings California Quality Fund’s previous monthly dividend of $0.05. This represents a $0.64 annualized dividend and a dividend yield of 5.79%. The ex-dividend date was Tuesday, October 15th.

BlackRock MuniHoldings California Quality Fund Profile

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.