Rareview Capital LLC Has $1.90 Million Holdings in BlackRock MuniHoldings California Quality Fund, Inc. $MUC

Rareview Capital LLC boosted its stake in BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) by 628.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 183,505 shares of the company’s stock after purchasing an additional 158,298 shares during the quarter. BlackRock MuniHoldings California Quality Fund comprises about 1.1% of Rareview Capital LLC’s investment portfolio, making the stock its 28th largest holding. Rareview Capital LLC’s holdings in BlackRock MuniHoldings California Quality Fund were worth $1,899,000 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. PNC Financial Services Group Inc. boosted its holdings in BlackRock MuniHoldings California Quality Fund by 1.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 68,791 shares of the company’s stock worth $729,000 after buying an additional 997 shares during the last quarter. Equitable Holdings Inc. raised its position in shares of BlackRock MuniHoldings California Quality Fund by 6.6% in the 3rd quarter. Equitable Holdings Inc. now owns 24,862 shares of the company’s stock valued at $270,000 after acquiring an additional 1,544 shares during the period. Atala Financial Inc raised its position in shares of BlackRock MuniHoldings California Quality Fund by 0.6% in the 4th quarter. Atala Financial Inc now owns 272,736 shares of the company’s stock valued at $2,891,000 after acquiring an additional 1,617 shares during the period. Van Hulzen Asset Management LLC boosted its stake in BlackRock MuniHoldings California Quality Fund by 14.0% during the 4th quarter. Van Hulzen Asset Management LLC now owns 17,382 shares of the company’s stock worth $184,000 after acquiring an additional 2,130 shares during the last quarter. Finally, Hollencrest Capital Management boosted its stake in BlackRock MuniHoldings California Quality Fund by 1.0% during the 4th quarter. Hollencrest Capital Management now owns 226,520 shares of the company’s stock worth $2,401,000 after acquiring an additional 2,302 shares during the last quarter. Institutional investors and hedge funds own 30.99% of the company’s stock.

BlackRock MuniHoldings California Quality Fund Stock Performance

Shares of NYSE MUC opened at $11.03 on Friday. BlackRock MuniHoldings California Quality Fund, Inc. has a 52-week low of $10.00 and a 52-week high of $11.16. The firm has a 50 day moving average price of $10.79 and a 200 day moving average price of $10.77.

BlackRock MuniHoldings California Quality Fund Announces Dividend

The company 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 $0.0535 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%.

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.