Stifel Financial Corp Has $169,000 Stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Stifel Financial Corp reduced its stake in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUCFree Report) by 12.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,703 shares of the company’s stock after selling 2,084 shares during the period. Stifel Financial Corp’s holdings in BlackRock MuniHoldings California Quality Fund were worth $169,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MUC. Rivernorth Capital Management LLC increased its holdings 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 valued at $29,233,000 after acquiring an additional 167,785 shares during the last quarter. Advisors Asset Management Inc. boosted its position 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 during the period. Sanctuary Advisors LLC acquired a new position in BlackRock MuniHoldings California Quality Fund during the second quarter valued at approximately $4,308,000. Rockefeller Capital Management L.P. raised its position in shares of BlackRock MuniHoldings California Quality Fund by 0.9% in the third 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 during the period. Finally, Intellectus Partners LLC raised its position in shares of BlackRock MuniHoldings California Quality Fund by 5.0% in the third quarter. Intellectus Partners LLC now owns 83,226 shares of the company’s stock valued at $963,000 after purchasing an additional 3,994 shares during the period. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Up 0.4 %

NYSE MUC opened at $10.59 on Tuesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $10.52 and a 1 year high of $11.64. The company has a fifty day simple moving average of $11.08 and a 200 day simple moving average of $11.21.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.0535 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.06%.

BlackRock MuniHoldings California Quality Fund Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for BlackRock MuniHoldings California Quality Fund (NYSE:MUC)

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