Fiera Capital Corp Acquires New Stake in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Fiera Capital Corp purchased a new stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 440,087 shares of the company’s stock, valued at approximately $4,665,000.

Other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of BlackRock MuniHoldings California Quality Fund by 1,431.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock worth $3,715,000 after buying an additional 320,000 shares during the period. Bank of America Corp DE lifted its stake in BlackRock MuniHoldings California Quality Fund by 9.2% in the third quarter. Bank of America Corp DE now owns 1,774,050 shares of the company’s stock valued at $19,248,000 after buying an additional 148,959 shares during the period. Advisors Asset Management Inc. lifted its stake in BlackRock MuniHoldings California Quality Fund by 18.2% in the third quarter. Advisors Asset Management Inc. now owns 889,974 shares of the company’s stock valued at $9,656,000 after buying an additional 137,126 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 17.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 593,053 shares of the company’s stock worth $6,286,000 after buying an additional 88,226 shares during the period. Finally, Evoke Wealth LLC grew its position in shares of BlackRock MuniHoldings California Quality Fund by 27.9% during the 4th quarter. Evoke Wealth LLC now owns 353,003 shares of the company’s stock worth $3,742,000 after buying an additional 77,000 shares during the period. 30.99% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings California Quality Fund Stock Performance

NYSE:MUC opened at $10.82 on Wednesday. BlackRock MuniHoldings California Quality Fund, Inc. has a 12 month low of $10.00 and a 12 month high of $11.04. The firm has a fifty day simple moving average of $10.71 and a two-hundred day simple moving average of $10.74.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0535 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 5.9%.

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.