Choreo LLC Increases Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Choreo LLC raised its position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 5.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,135 shares of the company’s stock after purchasing an additional 2,262 shares during the quarter. Choreo LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $453,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MUC. Beacon Pointe Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $463,000. Wells Fargo & Company MN increased its position in shares of BlackRock MuniHoldings California Quality Fund by 20.7% during the fourth quarter. Wells Fargo & Company MN now owns 667,335 shares of the company’s stock worth $7,427,000 after acquiring an additional 114,323 shares during the period. Weiss Asset Management LP purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $167,000. Karpus Management Inc. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 6.6% during the fourth quarter. Karpus Management Inc. now owns 3,773,789 shares of the company’s stock worth $42,002,000 after acquiring an additional 231,998 shares during the period. Finally, LM Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $452,000. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Up 0.8 %

BlackRock MuniHoldings California Quality Fund stock opened at $11.55 on Monday. BlackRock MuniHoldings California Quality Fund, Inc. has a twelve month low of $9.19 and a twelve month high of $11.55. The stock’s fifty day simple moving average is $11.23 and its 200-day simple moving average is $11.04.

BlackRock MuniHoldings California Quality Fund Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.0535 per share. The ex-dividend date is Tuesday, October 15th. This is an increase from BlackRock MuniHoldings California Quality Fund’s previous dividend of $0.05.

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.