Hennion & Walsh Asset Management Inc. Raises Position in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Hennion & Walsh Asset Management Inc. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 22.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 400,600 shares of the company’s stock after purchasing an additional 72,385 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $4,246,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Van Hulzen Asset Management LLC increased its stake in BlackRock MuniHoldings California Quality Fund by 23.7% in the second quarter. Van Hulzen Asset Management LLC now owns 13,222 shares of the company’s stock valued at $137,000 after purchasing an additional 2,529 shares during the last quarter. Guggenheim Capital LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 12.1% in the 2nd quarter. Guggenheim Capital LLC now owns 1,832,307 shares of the company’s stock worth $18,964,000 after buying an additional 197,341 shares during the last quarter. Cerity Partners LLC grew its holdings in BlackRock MuniHoldings California Quality Fund by 6.5% in the 2nd quarter. Cerity Partners LLC now owns 43,407 shares of the company’s stock valued at $449,000 after buying an additional 2,646 shares during the period. Jane Street Group LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund in the 2nd quarter valued at about $661,000. Finally, Bank of America Corp DE increased its stake in shares of BlackRock MuniHoldings California Quality Fund by 6.6% during the 2nd quarter. Bank of America Corp DE now owns 1,625,091 shares of the company’s stock valued at $16,820,000 after acquiring an additional 100,434 shares during the last quarter. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Down 0.4%

Shares of MUC stock opened at $10.23 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $9.97 and a 1-year high of $11.04. The firm’s 50-day simple moving average is $10.81 and its 200-day simple moving average is $10.77.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a dividend of $0.0535 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 6.3%.

BlackRock MuniHoldings California Quality Fund Profile

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.