Western Wealth Management LLC Sells 10,799 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Western Wealth Management LLC lessened its stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 10.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,637 shares of the company’s stock after selling 10,799 shares during the quarter. Western Wealth Management LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $1,031,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Morgan Stanley boosted its position in BlackRock MuniHoldings California Quality Fund by 19.3% during the 4th quarter. Morgan Stanley now owns 4,718,035 shares of the company’s stock valued at $50,672,000 after acquiring an additional 762,169 shares in the last quarter. Saba Capital Management L.P. boosted its position in BlackRock MuniHoldings California Quality Fund by 93.2% during the 3rd quarter. Saba Capital Management L.P. now owns 3,874,186 shares of the company’s stock valued at $37,037,000 after acquiring an additional 1,868,475 shares in the last quarter. Karpus Management Inc. boosted its position in BlackRock MuniHoldings California Quality Fund by 17.6% during the 3rd quarter. Karpus Management Inc. now owns 3,541,791 shares of the company’s stock valued at $33,860,000 after acquiring an additional 529,289 shares in the last quarter. Guggenheim Capital LLC boosted its position in BlackRock MuniHoldings California Quality Fund by 3.9% during the 1st quarter. Guggenheim Capital LLC now owns 1,178,881 shares of the company’s stock valued at $15,420,000 after acquiring an additional 44,371 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in BlackRock MuniHoldings California Quality Fund by 107.9% during the 2nd quarter. Wells Fargo & Company MN now owns 848,960 shares of the company’s stock valued at $10,163,000 after acquiring an additional 440,672 shares in the last quarter. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Up 0.1 %

Shares of NYSE MUC opened at $10.68 on Friday. The stock’s fifty day simple moving average is $11.00 and its two-hundred day simple moving average is $10.66. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $9.19 and a 12-month high of $11.30.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a dividend of $0.0485 per share. The ex-dividend date is Friday, April 12th. This represents a $0.58 annualized dividend and a dividend yield of 5.45%.

About BlackRock MuniHoldings California Quality Fund

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.