AQR Arbitrage LLC reduced its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) by 89.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,225 shares of the financial services provider's stock after selling 132,721 shares during the quarter. AQR Arbitrage LLC's holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth approximately $49,000. Wolverine Asset Management LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $69,000. Traphagen Investment Advisors LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $123,000. Oppenheimer & Co. Inc. bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $178,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth $201,000. 15.13% of the stock is currently owned by institutional investors.
BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.0 %
BlackRock MuniHoldings New Jersey Quality Fund stock traded up $0.01 during mid-day trading on Tuesday, reaching $11.14. 33,963 shares of the stock traded hands, compared to its average volume of 113,169. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12-month low of $10.50 and a 12-month high of $12.24. The business's 50-day moving average is $11.17 and its 200-day moving average is $11.39.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.82%. The ex-dividend date is Thursday, May 15th.
BlackRock MuniHoldings New Jersey Quality Fund Company Profile
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Free Report)
BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.
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