Cypress Wealth Services LLC Makes New Investment in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Cypress Wealth Services LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 51,771 shares of the company’s stock, valued at approximately $562,000.

A number of other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in BlackRock MuniHoldings California Quality Fund by 57.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 49,899 shares of the company’s stock worth $516,000 after buying an additional 18,135 shares during the period. Realta Investment Advisors acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund during the second quarter worth about $141,000. WESCAP Management Group Inc. raised its position in shares of BlackRock MuniHoldings California Quality Fund by 63.0% during the second quarter. WESCAP Management Group Inc. now owns 80,576 shares of the company’s stock worth $834,000 after purchasing an additional 31,156 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 37.7% during the 1st quarter. Baird Financial Group Inc. now owns 38,079 shares of the company’s stock valued at $408,000 after purchasing an additional 10,416 shares in the last quarter. Finally, Arlington Financial Advisors LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at approximately $597,000. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

NYSE MUC opened at $10.56 on Wednesday. The business has a 50 day simple moving average of $10.74 and a 200 day simple moving average of $10.52. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $9.97 and a 52-week high of $11.20.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be given a dividend of $0.0535 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 6.1%.

BlackRock MuniHoldings California Quality Fund Company Profile

BlackRock MuniHoldings California Quality Fund (NYSE: MUC) is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.

The fund’s portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.