BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Position Increased by Melfa Wealth Management Inc.

Melfa Wealth Management Inc. raised its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,452 shares of the company’s stock after purchasing an additional 5,750 shares during the quarter. Melfa Wealth Management Inc. owned approximately 0.10% of BlackRock MuniHoldings California Quality Fund worth $1,015,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at approximately $25,000. Fortitude Family Office LLC bought a new stake in BlackRock MuniHoldings California Quality Fund in the third quarter worth approximately $48,000. Oppenheimer & Co. Inc. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth $118,000. Octavia Wealth Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $120,000. Finally, Ackerman Capital Advisors LLC bought a new stake in BlackRock MuniHoldings California Quality Fund in the third quarter worth $236,000. 30.99% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Stock Performance

NYSE MUC opened at $10.73 on Wednesday. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $10.52 and a fifty-two week high of $11.64. The stock’s 50-day moving average is $10.91 and its two-hundred day moving average is $11.16.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Wednesday, January 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.