Fiera Capital Corp Acquires New Stake in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Fiera Capital Corp purchased a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the 4th quarter, HoldingsChannel reports. The fund purchased 440,087 shares of the company’s stock, valued at approximately $4,665,000.

Other institutional investors also recently modified their holdings of the company. WFA of San Diego LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the second quarter valued at $26,000. Elyxium Wealth LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth about $69,000. Nomura Holdings Inc. purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the 2nd quarter valued at $104,000. Pasadena Private Wealth LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth $106,000. Finally, Moody National Bank Trust Division purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth $114,000. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Trading Up 0.8%

Shares of BlackRock MuniHoldings California Quality Fund stock opened at $10.82 on Wednesday. The company has a 50 day simple moving average of $10.71 and a two-hundred day simple moving average of $10.74. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $10.00 and a 1 year high of $11.04.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.0535 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

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.