Hennion & Walsh Asset Management Inc. Increases Stock Position in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Hennion & Walsh Asset Management Inc. lifted its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 22.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 400,600 shares of the company’s stock after buying an additional 72,385 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $4,246,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MUC. Van Hulzen Asset Management LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 23.7% in the second quarter. Van Hulzen Asset Management LLC now owns 13,222 shares of the company’s stock valued at $137,000 after acquiring an additional 2,529 shares during the last quarter. Guggenheim Capital LLC increased its stake in 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. Cerity Partners LLC increased its stake in BlackRock MuniHoldings California Quality Fund by 6.5% during the second quarter. Cerity Partners LLC now owns 43,407 shares of the company’s stock worth $449,000 after acquiring an additional 2,646 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the 2nd quarter worth about $661,000. Finally, Bank of America Corp DE lifted its stake in shares of BlackRock MuniHoldings California Quality Fund by 6.6% in the 2nd quarter. Bank of America Corp DE now owns 1,625,091 shares of the company’s stock valued at $16,820,000 after purchasing an additional 100,434 shares in the last quarter. 30.99% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Down 0.4%

NYSE MUC opened at $10.23 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $9.97 and a 1-year high of $11.04. The business’s 50-day simple moving average is $10.81 and its 200-day simple moving average is $10.77.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.0535 per share. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock MuniHoldings California Quality Fund Company Profile

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.