BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Shares Sold by Sit Investment Associates Inc.

Sit Investment Associates Inc. lessened its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 1.0% during the 1st quarter, HoldingsChannel reports. The firm owned 1,894,225 shares of the company’s stock after selling 19,999 shares during the period. Sit Investment Associates Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $20,287,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in BlackRock MuniHoldings California Quality Fund by 6.1% during the 4th quarter. Bank of America Corp DE now owns 1,604,841 shares of the company’s stock worth $17,059,000 after purchasing an additional 92,731 shares during the last quarter. Guggenheim Capital LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 24.5% during the 4th quarter. Guggenheim Capital LLC now owns 1,590,482 shares of the company’s stock worth $16,907,000 after purchasing an additional 313,310 shares during the last quarter. Mackay Shields LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 654.9% during the 1st quarter. Mackay Shields LLC now owns 981,667 shares of the company’s stock worth $10,514,000 after purchasing an additional 851,621 shares during the last quarter. Wells Fargo & Company MN boosted its stake in BlackRock MuniHoldings California Quality Fund by 4.3% during the 4th quarter. Wells Fargo & Company MN now owns 748,692 shares of the company’s stock worth $7,959,000 after purchasing an additional 30,963 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. boosted its stake in BlackRock MuniHoldings California Quality Fund by 53.8% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 466,259 shares of the company’s stock worth $4,994,000 after purchasing an additional 163,192 shares during the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Up 0.5%

Shares of MUC opened at $10.35 on Thursday. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $9.97 and a 52-week high of $11.64. The firm’s fifty day moving average is $10.25 and its two-hundred day moving average is $10.51.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a dividend of $0.0535 per share. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Friday, August 15th.

BlackRock MuniHoldings California Quality Fund Company 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.