Axxcess Wealth Management LLC Has $248,000 Stock Holdings in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC)

Axxcess Wealth Management LLC decreased its holdings in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 11.2% during the 1st quarter, Holdings Channel reports. The firm owned 22,541 shares of the company’s stock after selling 2,838 shares during the quarter. Axxcess Wealth Management LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $248,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Robinson Capital Management LLC boosted its position in shares of BlackRock MuniHoldings California Quality Fund by 12.8% during the 1st quarter. Robinson Capital Management LLC now owns 605,035 shares of the company’s stock valued at $6,492,000 after purchasing an additional 68,576 shares in the last quarter. Choreo LLC bought a new position in BlackRock MuniHoldings California Quality Fund in the first quarter worth approximately $428,000. Cypress Wealth Services LLC bought a new position in BlackRock MuniHoldings California Quality Fund in the first quarter worth approximately $259,000. Sanders Morris Harris LLC bought a new position in BlackRock MuniHoldings California Quality Fund in the first quarter worth approximately $110,000. Finally, Tortoise Investment Management LLC boosted its holdings in BlackRock MuniHoldings California Quality Fund by 12.9% in the fourth quarter. Tortoise Investment Management LLC now owns 35,611 shares of the company’s stock worth $396,000 after acquiring an additional 4,062 shares in the last quarter. Institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Trading Up 0.5 %

Shares of NYSE:MUC opened at $11.13 on Friday. The business’s 50 day simple moving average is $11.01 and its two-hundred day simple moving average is $10.99. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $9.19 and a 52-week high of $11.38.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Monday, July 15th will be issued a $0.0485 dividend. The ex-dividend date of this dividend is Monday, July 15th. This represents a $0.58 annualized dividend and a yield of 5.23%.

BlackRock MuniHoldings California Quality Fund Profile

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.