BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC – Get Free Report) shares saw an uptick in trading volume on Tuesday . 778,218 shares were traded during mid-day trading, an increase of 156% from the previous session’s volume of 303,752 shares.The stock last traded at $10.4440 and had previously closed at $10.45.
BlackRock MuniHoldings California Quality Fund Stock Down 0.8%
The business’s fifty day moving average is $10.72 and its 200-day moving average is $10.74.
Hedge Funds Weigh In On BlackRock MuniHoldings California Quality Fund
Several large investors have recently modified their holdings of the business. Van Hulzen Asset Management LLC grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 14.8% in the second quarter. Van Hulzen Asset Management LLC now owns 20,532 shares of the company’s stock worth $226,000 after purchasing an additional 2,650 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in BlackRock MuniHoldings California Quality Fund by 30.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 43,430 shares of the company’s stock worth $477,000 after purchasing an additional 10,018 shares during the last quarter. Readystate Asset Management LP acquired a new position in BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth about $240,000. Susquehanna International Group LLP lifted its holdings in BlackRock MuniHoldings California Quality Fund by 48.1% during the 2nd quarter. Susquehanna International Group LLP now owns 22,160 shares of the company’s stock worth $244,000 after buying an additional 7,201 shares during the period. Finally, Wedbush Securities Inc. grew its position in shares of BlackRock MuniHoldings California Quality Fund by 5.2% in the 2nd quarter. Wedbush Securities Inc. now owns 126,730 shares of the company’s stock valued at $1,393,000 after buying an additional 6,298 shares during the last quarter. Institutional investors 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.
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