Farther Finance Advisors LLC Acquires New Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Farther Finance Advisors LLC bought a new position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 29,498 shares of the company’s stock, valued at approximately $340,000.

Other institutional investors also recently modified their holdings of the company. Fortitude Family Office LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the third quarter worth $48,000. Ackerman Capital Advisors LLC acquired a new position in BlackRock MuniHoldings California Quality Fund in the 3rd quarter worth about $236,000. Litman Gregory Wealth Management LLC raised its stake in shares of BlackRock MuniHoldings California Quality Fund by 108.0% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 36,615 shares of the company’s stock worth $422,000 after purchasing an additional 19,015 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the 2nd quarter valued at about $4,308,000. Finally, Creative Planning grew its stake in shares of BlackRock MuniHoldings California Quality Fund by 201.5% in the 2nd quarter. Creative Planning now owns 57,242 shares of the company’s stock valued at $635,000 after buying an additional 38,254 shares in the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

NYSE:MUC opened at $11.12 on Friday. The stock’s 50 day moving average price is $11.37 and its 200 day moving average price is $11.15. BlackRock MuniHoldings California Quality Fund, Inc. has a 52 week low of $9.79 and a 52 week high of $11.64.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.0535 per share. The ex-dividend date is Friday, November 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.77%.

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.