BlackRock MuniHoldings California Quality Fund, Inc. (MUC) to Issue Monthly Dividend of $0.05 on March 2nd

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 6th will be paid a dividend of 0.0535 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock MuniHoldings California Quality Fund Stock Down 0.2%

Shares of BlackRock MuniHoldings California Quality Fund stock traded down $0.02 during trading hours on Wednesday, hitting $10.97. The company’s stock had a trading volume of 150,547 shares, compared to its average volume of 271,490. The stock has a 50 day moving average of $10.74 and a 200 day moving average of $10.62. BlackRock MuniHoldings California Quality Fund has a 12 month low of $9.97 and a 12 month high of $11.20.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Ameritas Advisory Services LLC bought a new stake in shares of BlackRock MuniHoldings California Quality Fund in the second quarter valued at approximately $28,000. Envestnet Asset Management Inc. lifted its position in BlackRock MuniHoldings California Quality Fund by 57.1% during the second quarter. Envestnet Asset Management Inc. now owns 49,899 shares of the company’s stock worth $516,000 after purchasing an additional 18,135 shares during the period. Wedbush Securities Inc. grew its stake in BlackRock MuniHoldings California Quality Fund by 7.6% during the second quarter. Wedbush Securities Inc. now owns 61,439 shares of the company’s stock worth $636,000 after buying an additional 4,324 shares in the last quarter. WESCAP Management Group Inc. grew its stake in BlackRock MuniHoldings California Quality Fund by 63.0% during the second quarter. WESCAP Management Group Inc. now owns 80,576 shares of the company’s stock worth $834,000 after buying an additional 31,156 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings 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 valued at $1,143,000 after buying an additional 3,339 shares during the period. Institutional investors and hedge funds own 30.99% of the company’s stock.

About BlackRock MuniHoldings California Quality Fund

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.