Oppenheimer & Co. Inc. Buys Shares of 10,217 BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Oppenheimer & Co. Inc. bought a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 10,217 shares of the company’s stock, valued at approximately $118,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth about $4,308,000. Creative Planning lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 201.5% during the 2nd quarter. Creative Planning now owns 57,242 shares of the company’s stock worth $635,000 after acquiring an additional 38,254 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the 3rd quarter worth about $340,000. Wolverine Asset Management LLC lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 450.3% during the 3rd quarter. Wolverine Asset Management LLC now owns 35,162 shares of the company’s stock worth $405,000 after acquiring an additional 28,772 shares during the period. Finally, Mercer Global Advisors Inc. ADV purchased a new position in shares of BlackRock MuniHoldings California Quality Fund during the 2nd quarter worth about $271,000. 30.99% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings California Quality Fund Trading Up 0.6 %

Shares of MUC stock opened at $11.04 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $10.38 and a 1-year high of $11.64. The firm’s 50-day simple moving average is $11.31 and its 200-day simple moving average is $11.18.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.0535 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.64 annualized dividend and a yield of 5.82%.

BlackRock MuniHoldings California Quality Fund Company 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.