Advisors Asset Management Inc. reduced its position in Blackrock Muniyld California Quty Fd Inc (NYSE:MCA) by 34.7% in the second quarter, Holdings Channel reports. The institutional investor owned 186,585 shares of the company’s stock after selling 99,293 shares during the period. Advisors Asset Management Inc.’s holdings in Blackrock Muniyld California Quty Fd were worth $2,489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in MCA. Wolverine Asset Management LLC lifted its holdings in shares of Blackrock Muniyld California Quty Fd by 21.3% during the 2nd quarter. Wolverine Asset Management LLC now owns 222,015 shares of the company’s stock valued at $2,961,000 after buying an additional 39,026 shares during the period. Laurion Capital Management LP bought a new position in shares of Blackrock Muniyld California Quty Fd during the 2nd quarter valued at $261,000. City of London Investment Management Co. Ltd. bought a new position in shares of Blackrock Muniyld California Quty Fd during the 2nd quarter valued at $1,003,000. PNC Financial Services Group Inc. lifted its holdings in shares of Blackrock Muniyld California Quty Fd by 72.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 17,600 shares of the company’s stock valued at $235,000 after buying an additional 7,400 shares during the period. Finally, Mariner Investment Group LLC lifted its holdings in shares of Blackrock Muniyld California Quty Fd by 130.8% during the 2nd quarter. Mariner Investment Group LLC now owns 105,855 shares of the company’s stock valued at $1,412,000 after buying an additional 60,000 shares during the period. 14.82% of the stock is owned by institutional investors and hedge funds.

NYSE MCA opened at $12.76 on Friday. Blackrock Muniyld California Quty Fd Inc has a 1-year low of $12.66 and a 1-year high of $15.52.

The company also recently declared a monthly dividend, which will be paid on Monday, October 1st. Stockholders of record on Friday, September 14th will be issued a dividend of $0.052 per share. The ex-dividend date is Thursday, September 13th. This represents a $0.62 annualized dividend and a dividend yield of 4.89%.

About Blackrock Muniyld California Quty Fd

There is no company description available for BlackRock MuniYield California Quality Fund, Inc.

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Institutional Ownership by Quarter for Blackrock Muniyld California Quty Fd (NYSE:MCA)

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