Mackay Shields LLC Has $1.38 Million Position in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Mackay Shields LLC reduced its position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 130,046 shares of the company’s stock after selling 1,547 shares during the quarter. Mackay Shields LLC owned 0.14% of BlackRock MuniHoldings California Quality Fund worth $1,382,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MUC. Oppenheimer & Co. Inc. acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the third quarter worth $118,000. SteelPeak Wealth LLC acquired a new position in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth $248,000. Dakota Wealth Management increased its stake in shares of BlackRock MuniHoldings California Quality Fund by 43.5% in the fourth quarter. Dakota Wealth Management now owns 186,176 shares of the company’s stock worth $1,979,000 after acquiring an additional 56,400 shares during the last quarter. Cypress Wealth Services LLC increased its stake in shares of BlackRock MuniHoldings California Quality Fund by 118.5% in the fourth quarter. Cypress Wealth Services LLC now owns 52,726 shares of the company’s stock worth $560,000 after acquiring an additional 28,596 shares during the last quarter. Finally, Rivernorth Capital Management LLC increased its stake in shares of BlackRock MuniHoldings California Quality Fund by 7.1% in the third quarter. Rivernorth Capital Management LLC now owns 2,537,611 shares of the company’s stock worth $29,233,000 after acquiring an additional 167,785 shares during the last quarter. 30.99% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Stock Down 0.1 %

NYSE MUC opened at $11.02 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 1-year low of $10.52 and a 1-year high of $11.64. The firm’s fifty day simple moving average is $10.78 and its 200-day simple moving average is $11.12.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.0535 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date of this dividend is Friday, February 14th.

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.