Logan Stone Capital LLC Sells 71,108 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Logan Stone Capital LLC cut its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 41.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,295 shares of the company’s stock after selling 71,108 shares during the quarter. Logan Stone Capital LLC owned about 0.10% of BlackRock MuniHoldings California Quality Fund worth $1,102,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Bell Private Wealth Management LLC grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 242.9% in the second quarter. Blue Bell Private Wealth Management LLC now owns 4,800 shares of the company’s stock valued at $53,000 after buying an additional 3,400 shares in the last quarter. Wolverine Asset Management LLC grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 57.4% in the second quarter. Wolverine Asset Management LLC now owns 6,390 shares of the company’s stock valued at $71,000 after buying an additional 2,330 shares in the last quarter. Centaurus Financial Inc. bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter valued at $105,000. Sanders Morris Harris LLC bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the first quarter valued at $110,000. Finally, Virtu Financial LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund during the 1st quarter valued at $119,000. 30.99% of the stock is owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Up 0.3 %

Shares of BlackRock MuniHoldings California Quality Fund stock opened at $11.53 on Friday. The business has a fifty day simple moving average of $11.30 and a two-hundred day simple moving average of $11.07. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $9.19 and a 1 year high of $11.60.

BlackRock MuniHoldings California Quality Fund Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be issued a dividend of $0.0535 per share. This is an increase from BlackRock MuniHoldings California Quality Fund’s previous monthly dividend of $0.05. The ex-dividend date is Tuesday, October 15th. This represents a $0.64 annualized dividend and a yield of 5.57%.

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.