Trilogy Capital Inc. Buys Shares of 167,599 BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Trilogy Capital Inc. bought a new position in shares of BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) in the first quarter, HoldingsChannel reports. The firm bought 167,599 shares of the company’s stock, valued at approximately $1,743,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its stake 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 purchasing an additional 88,226 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in BlackRock MuniHoldings California Quality Fund by 22.1% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 400,600 shares of the company’s stock valued at $4,246,000 after buying an additional 72,385 shares in the last quarter. Evoke Wealth LLC grew its holdings in 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 valued at $3,742,000 after buying an additional 77,000 shares during the last quarter. Ballast Rock Private Wealth LLC grew its holdings in BlackRock MuniHoldings California Quality Fund by 118.6% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 91,705 shares of the company’s stock valued at $959,000 after buying an additional 49,752 shares during the last quarter. Finally, Fiera Capital Corp purchased a new position in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $4,665,000. Hedge funds and other institutional investors own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Price Performance

NYSE MUC opened at $10.93 on Monday. BlackRock MuniHoldings California Quality Fund, Inc. has a fifty-two week low of $10.00 and a fifty-two week high of $11.04. The business has a fifty day moving average of $10.77 and a 200-day moving average of $10.76.

BlackRock MuniHoldings California Quality Fund Dividend Announcement

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

BlackRock MuniHoldings California Quality Fund 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.