Northwestern Mutual Wealth Management Co. Raises Holdings in Blackrock Muniyld California Quty Fd Inc (NYSE:MCA)

Northwestern Mutual Wealth Management Co. boosted its position in shares of Blackrock Muniyld California Quty Fd Inc (NYSE:MCA) by 10.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,023 shares of the company’s stock after buying an additional 4,779 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.15% of Blackrock Muniyld California Quty Fd worth $687,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Karpus Management Inc. increased its holdings in Blackrock Muniyld California Quty Fd by 21.2% during the 4th quarter. Karpus Management Inc. now owns 920,945 shares of the company’s stock worth $11,641,000 after purchasing an additional 160,854 shares during the period. Hollencrest Capital Management boosted its position in Blackrock Muniyld California Quty Fd by 3.5% during the 1st quarter. Hollencrest Capital Management now owns 747,326 shares of the company’s stock valued at $10,067,000 after acquiring an additional 25,192 shares in the last quarter. Bank of America Corp DE boosted its position in Blackrock Muniyld California Quty Fd by 60.1% during the 4th quarter. Bank of America Corp DE now owns 477,852 shares of the company’s stock valued at $6,040,000 after acquiring an additional 179,396 shares in the last quarter. Morgan Stanley boosted its position in Blackrock Muniyld California Quty Fd by 8.7% during the 3rd quarter. Morgan Stanley now owns 429,800 shares of the company’s stock valued at $5,506,000 after acquiring an additional 34,486 shares in the last quarter. Finally, Fiera Capital Corp boosted its position in Blackrock Muniyld California Quty Fd by 18.8% during the 4th quarter. Fiera Capital Corp now owns 345,365 shares of the company’s stock valued at $4,365,000 after acquiring an additional 54,550 shares in the last quarter. 19.80% of the stock is owned by institutional investors.

Shares of Blackrock Muniyld California Quty Fd stock traded down $0.03 during trading on Friday, reaching $14.20. The company’s stock had a trading volume of 78,200 shares, compared to its average volume of 73,663. Blackrock Muniyld California Quty Fd Inc has a 1-year low of $12.33 and a 1-year high of $14.48. The company has a 50-day moving average price of $14.10.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be given a $0.052 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.39%.

Blackrock Muniyld California Quty Fd Company Profile

BlackRock MuniYield 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 in a portfolio of long-term investment-grade municipal obligations, the interest on which is exempt from Federal and California income taxes.

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Institutional Ownership by Quarter for Blackrock Muniyld California Quty Fd (NYSE:MCA)

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