BlackRock MuniHoldings California Quality Fund, Inc. $MUC Shares Sold by Thomas J. Herzfeld Advisors Inc.

Thomas J. Herzfeld Advisors Inc. trimmed its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 59.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,734 shares of the company’s stock after selling 139,163 shares during the quarter. Thomas J. Herzfeld Advisors Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Guggenheim Capital LLC grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 12.1% during the second quarter. Guggenheim Capital LLC now owns 1,832,307 shares of the company’s stock worth $18,964,000 after acquiring an additional 197,341 shares during the last quarter. Van Hulzen Asset Management LLC raised its position in shares of BlackRock MuniHoldings California Quality Fund by 23.7% in the 2nd 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. Advisors Asset Management Inc. boosted its stake in BlackRock MuniHoldings California Quality Fund by 16.0% in the 2nd quarter. Advisors Asset Management Inc. now owns 752,848 shares of the company’s stock worth $7,792,000 after purchasing an additional 103,646 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in BlackRock MuniHoldings California Quality Fund by 3.1% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 110,392 shares of the company’s stock worth $1,143,000 after purchasing an additional 3,339 shares in the last quarter. Finally, WESCAP Management Group Inc. grew its position in BlackRock MuniHoldings California Quality Fund by 63.0% during the 2nd quarter. WESCAP Management Group Inc. now owns 80,576 shares of the company’s stock worth $834,000 after purchasing an additional 31,156 shares during the last quarter. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Down 0.1%

NYSE MUC opened at $10.69 on Friday. The company has a fifty day simple moving average of $10.77 and a two-hundred day simple moving average of $10.49. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $9.97 and a 12-month high of $11.47.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were paid a $0.0535 dividend. The ex-dividend date was Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

BlackRock MuniHoldings California Quality Fund 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.