LM Advisors LLC Lowers Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

LM Advisors LLC lowered its stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 10.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 36,217 shares of the company’s stock after selling 4,387 shares during the period. LM Advisors LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $385,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of MUC. JPMorgan Chase & Co. acquired a new stake in BlackRock MuniHoldings California Quality Fund during the third quarter valued at $25,000. Golden State Wealth Management LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $55,000. Whipplewood Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at about $117,000. Octavia Wealth Advisors LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at about $120,000. Finally, Southern Style Financial Inc. acquired a new position in BlackRock MuniHoldings California Quality Fund in the 4th quarter worth about $124,000. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Up 0.0 %

Shares of MUC stock opened at $10.66 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12-month low of $10.52 and a 12-month high of $11.64. The business’s 50 day moving average is $10.87 and its two-hundred day moving average is $11.05.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a $0.0535 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 6.03%.

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.