City of London Investment Management Co. Ltd. Has $3.84 Million Stock Holdings in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

City of London Investment Management Co. Ltd. lessened its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 20.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 371,024 shares of the company’s stock after selling 95,235 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $3,840,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. WESCAP Management Group Inc. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 63.0% in the second quarter. WESCAP Management Group Inc. now owns 80,576 shares of the company’s stock valued at $834,000 after purchasing an additional 31,156 shares in the last quarter. Wedbush Securities Inc. raised its position in BlackRock MuniHoldings California Quality Fund by 7.6% in the 2nd quarter. Wedbush Securities Inc. now owns 61,439 shares of the company’s stock valued at $636,000 after buying an additional 4,324 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in BlackRock MuniHoldings California Quality Fund by 57.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 49,899 shares of the company’s stock valued at $516,000 after acquiring an additional 18,135 shares in the last quarter. Litman Gregory Wealth Management LLC boosted its position in BlackRock MuniHoldings California Quality Fund by 11.1% during the 2nd quarter. Litman Gregory Wealth Management LLC now owns 43,094 shares of the company’s stock worth $446,000 after acquiring an additional 4,300 shares during the last quarter. Finally, Realta Investment Advisors acquired a new position in BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth approximately $141,000. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Down 0.7%

NYSE MUC opened at $10.72 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $9.97 and a 12-month high of $11.47. The firm’s 50 day moving average is $10.78 and its 200-day moving average is $10.47.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a $0.0535 dividend. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date is Friday, November 14th.

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.