Golden State Wealth Management LLC Takes $55,000 Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Golden State Wealth Management LLC acquired a new position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,195 shares of the company’s stock, valued at approximately $55,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rivernorth Capital Management LLC raised its position in shares of BlackRock MuniHoldings California Quality Fund by 7.1% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company’s stock worth $29,233,000 after buying an additional 167,785 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in BlackRock MuniHoldings California Quality Fund by 6.3% during the third quarter. Advisors Asset Management Inc. now owns 518,713 shares of the company’s stock worth $5,976,000 after purchasing an additional 30,594 shares in the last quarter. Dakota Wealth Management lifted its position in BlackRock MuniHoldings California Quality Fund by 43.5% in the fourth quarter. Dakota Wealth Management now owns 186,176 shares of the company’s stock worth $1,979,000 after purchasing an additional 56,400 shares during the period. Rockefeller Capital Management L.P. boosted its stake in BlackRock MuniHoldings California Quality Fund by 0.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company’s stock valued at $1,342,000 after purchasing an additional 1,072 shares in the last quarter. Finally, Melfa Wealth Management Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 6.4% during the 4th quarter. Melfa Wealth Management Inc. now owns 95,452 shares of the company’s stock valued at $1,015,000 after purchasing an additional 5,750 shares during the period. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

MUC opened at $10.98 on Tuesday. The stock’s fifty day moving average is $10.85 and its 200-day moving average is $11.13. BlackRock MuniHoldings California Quality Fund, Inc. has a one year low of $10.52 and a one year high of $11.64.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 5.85%. The ex-dividend date is Friday, February 14th.

BlackRock MuniHoldings California Quality Fund 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.