Hennion & Walsh Asset Management Inc. Has $3.91 Million Stock Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Hennion & Walsh Asset Management Inc. reduced its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 17.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 354,751 shares of the company’s stock after selling 74,463 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $3,906,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Karpus Management Inc. lifted its holdings in BlackRock MuniHoldings California Quality Fund by 6.6% during the 4th quarter. Karpus Management Inc. now owns 3,773,789 shares of the company’s stock worth $42,002,000 after purchasing an additional 231,998 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of BlackRock MuniHoldings California Quality Fund by 20.7% in the fourth quarter. Wells Fargo & Company MN now owns 667,335 shares of the company’s stock valued at $7,427,000 after acquiring an additional 114,323 shares during the period. Robinson Capital Management LLC grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 87.7% in the fourth quarter. Robinson Capital Management LLC now owns 536,459 shares of the company’s stock valued at $5,987,000 after acquiring an additional 250,645 shares in the last quarter. AQR Arbitrage LLC increased its position in BlackRock MuniHoldings California Quality Fund by 102.2% during the third quarter. AQR Arbitrage LLC now owns 508,322 shares of the company’s stock worth $4,860,000 after acquiring an additional 256,925 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in BlackRock MuniHoldings California Quality Fund by 3.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 438,977 shares of the company’s stock worth $4,197,000 after purchasing an additional 16,509 shares in the last quarter. 30.99% of the stock is owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Up 0.4 %

Shares of MUC opened at $11.10 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $9.19 and a 12 month high of $11.30. The firm’s 50 day moving average is $10.89 and its 200-day moving average is $10.99.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a dividend of $0.0485 per share. The ex-dividend date is Friday, June 14th. This represents a $0.58 dividend on an annualized basis and a yield of 5.24%.

About BlackRock MuniHoldings California Quality Fund

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.