Ignite Planners LLC Decreases Stock Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Ignite Planners LLC cut its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 194,025 shares of the company’s stock after selling 1,116 shares during the period. Ignite Planners LLC owned approximately 0.20% of BlackRock MuniHoldings California Quality Fund worth $2,088,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth approximately $25,000. Fortitude Family Office LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the third quarter valued at $48,000. Oppenheimer & Co. Inc. purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the third quarter valued at $118,000. Ackerman Capital Advisors LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth $236,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 2nd quarter worth about $271,000. 30.99% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Stock Performance

NYSE:MUC opened at $10.55 on Tuesday. The firm has a 50-day moving average price of $10.97 and a two-hundred day moving average price of $11.18. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $10.52 and a twelve month high of $11.64.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.0535 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.09%.

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.