Tortoise Investment Management LLC Sells 4,000 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Tortoise Investment Management LLC decreased its holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 11.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,611 shares of the company’s stock after selling 4,000 shares during the period. Tortoise Investment Management LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $351,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 15.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 64,145 shares of the company’s stock valued at $712,000 after buying an additional 8,467 shares in the last quarter. Destination Wealth Management boosted its stake in BlackRock MuniHoldings California Quality Fund by 59.5% in the second quarter. Destination Wealth Management now owns 43,053 shares of the company’s stock valued at $478,000 after acquiring an additional 16,053 shares in the last quarter. Virtu Financial LLC purchased a new position in BlackRock MuniHoldings California Quality Fund in the first quarter worth $119,000. B. Riley Wealth Advisors Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 37.8% during the first quarter. B. Riley Wealth Advisors Inc. now owns 18,822 shares of the company’s stock worth $207,000 after purchasing an additional 5,159 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 10.3% during the 1st quarter. Advisors Asset Management Inc. now owns 513,532 shares of the company’s stock valued at $5,654,000 after purchasing an additional 48,065 shares during the last quarter. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Up 0.6 %

BlackRock MuniHoldings California Quality Fund stock opened at $11.25 on Wednesday. BlackRock MuniHoldings California Quality Fund, Inc. has a one year low of $9.19 and a one year high of $11.45. The stock has a 50-day moving average of $11.18 and a two-hundred day moving average of $11.02.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a dividend of $0.0485 per share. This represents a $0.58 annualized dividend and a yield of 5.17%. The ex-dividend date was Thursday, August 15th.

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.