Mackay Shields LLC Has $1.38 Million Stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Mackay Shields LLC trimmed its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 1.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 130,046 shares of the company’s stock after selling 1,547 shares during the period. Mackay Shields LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $1,382,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Rockefeller Capital Management L.P. increased its position in BlackRock MuniHoldings California Quality Fund by 0.9% during the third quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company’s stock worth $1,342,000 after buying an additional 1,072 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in BlackRock MuniHoldings California Quality Fund during the third quarter worth $25,000. Litman Gregory Wealth Management LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 6.0% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 38,794 shares of the company’s stock valued at $412,000 after acquiring an additional 2,179 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 9.7% during the third quarter. Integrated Wealth Concepts LLC now owns 27,878 shares of the company’s stock valued at $321,000 after acquiring an additional 2,459 shares during the period. Finally, Intellectus Partners LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 5.0% during the third quarter. Intellectus Partners LLC now owns 83,226 shares of the company’s stock valued at $963,000 after acquiring an additional 3,994 shares during the period. 30.99% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Stock Performance

MUC stock opened at $11.02 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $10.52 and a 52-week high of $11.64. The company has a 50-day moving average of $10.78 and a two-hundred day moving average of $11.12.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company 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 dividend of $0.0535 per share. This represents a $0.64 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date of this dividend 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.