Allspring Global Investments Holdings LLC Invests $5.48 Million in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Allspring Global Investments Holdings LLC acquired a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 504,827 shares of the company’s stock, valued at approximately $5,477,000.

A number of other large investors have also bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in BlackRock MuniHoldings California Quality Fund by 57.1% in the second quarter. Envestnet Asset Management Inc. now owns 49,899 shares of the company’s stock valued at $516,000 after purchasing an additional 18,135 shares in the last quarter. Realta Investment Advisors acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 2nd quarter valued at approximately $141,000. Arlington Financial Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 3rd quarter valued at approximately $597,000. WESCAP Management Group Inc. raised its position in 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 acquiring an additional 31,156 shares in the last quarter. Finally, Baird Financial Group Inc. raised its position in BlackRock MuniHoldings California Quality Fund by 37.7% during the first quarter. Baird Financial Group Inc. now owns 38,079 shares of the company’s stock worth $408,000 after acquiring an additional 10,416 shares in the last quarter. 30.99% of the stock is owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Performance

BlackRock MuniHoldings California Quality Fund stock opened at $10.70 on Wednesday. The company’s 50-day moving average is $10.70 and its 200-day moving average is $10.54. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $9.97 and a fifty-two week high of $11.20.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be paid a $0.0535 dividend. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a yield of 6.0%.

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.