BlackRock MuniHoldings California Quality Fund, Inc. $MUC Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 85.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,100,165 shares of the company’s stock after buying an additional 507,112 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $11,442,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC lifted its holdings in shares of BlackRock MuniHoldings California Quality Fund by 6.5% during the 2nd quarter. Cerity Partners LLC now owns 43,407 shares of the company’s stock worth $449,000 after acquiring an additional 2,646 shares during the period. Jane Street Group LLC purchased a new stake in BlackRock MuniHoldings California Quality Fund in the second quarter valued at approximately $661,000. Bank of America Corp DE grew its holdings in BlackRock MuniHoldings California Quality Fund by 6.6% in the second quarter. Bank of America Corp DE now owns 1,625,091 shares of the company’s stock valued at $16,820,000 after purchasing an additional 100,434 shares during the period. WFA of San Diego LLC acquired a new position in BlackRock MuniHoldings California Quality Fund during the second quarter worth approximately $26,000. Finally, Nomura Holdings Inc. acquired a new position in BlackRock MuniHoldings California Quality Fund during the second quarter worth approximately $104,000. 30.99% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Stock Down 0.7%

NYSE:MUC opened at $10.78 on Thursday. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $10.00 and a fifty-two week high of $11.16. The firm’s 50 day moving average is $10.82 and its two-hundred day moving average is $10.79.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.0535 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Tuesday, September 15th.

About BlackRock MuniHoldings California Quality Fund

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.