Oppenheimer & Co. Inc. Buys 1,920 Shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Oppenheimer & Co. Inc. increased its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 18.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,137 shares of the company’s stock after purchasing an additional 1,920 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock MuniHoldings California Quality Fund were worth $129,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Rockefeller Capital Management L.P. raised its holdings in shares of BlackRock MuniHoldings California Quality Fund by 0.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 116,529 shares of the company’s stock worth $1,342,000 after purchasing an additional 1,072 shares during the period. JPMorgan Chase & Co. bought a new stake in BlackRock MuniHoldings California Quality Fund during the 3rd quarter valued at $25,000. Litman Gregory Wealth Management LLC raised its holdings in BlackRock MuniHoldings California Quality Fund by 6.0% during the 4th quarter. Litman Gregory Wealth Management LLC now owns 38,794 shares of the company’s stock valued at $412,000 after acquiring an additional 2,179 shares during the period. Integrated Wealth Concepts LLC raised its holdings in BlackRock MuniHoldings California Quality Fund by 9.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 27,878 shares of the company’s stock valued at $321,000 after acquiring an additional 2,459 shares during the period. Finally, Intellectus Partners LLC raised its holdings in BlackRock MuniHoldings California Quality Fund by 5.0% during the 3rd quarter. Intellectus Partners LLC now owns 83,226 shares of the company’s stock valued at $963,000 after acquiring an additional 3,994 shares during the period. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of MUC stock opened at $10.93 on Monday. The company’s fifty day simple moving average is $10.84 and its two-hundred day simple moving average is $11.10. BlackRock MuniHoldings California Quality Fund, Inc. has a 1 year low of $10.52 and a 1 year high of $11.64.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.0535 per share. The ex-dividend date is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 5.88%.

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.