Bank of America Corp DE lifted its holdings in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) by 9.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 383,621 shares of the financial services provider's stock after purchasing an additional 32,776 shares during the period. Bank of America Corp DE owned about 0.71% of BlackRock MuniHoldings New Jersey Quality Fund worth $4,247,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at about $3,387,000. Sit Investment Associates Inc. raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1,325.1% in the 4th quarter. Sit Investment Associates Inc. now owns 529,883 shares of the financial services provider's stock valued at $5,866,000 after purchasing an additional 492,701 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at approximately $284,000. Avantax Advisory Services Inc. raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 43.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 32,063 shares of the financial services provider's stock valued at $355,000 after purchasing an additional 9,762 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1.0% in the 4th quarter. LPL Financial LLC now owns 112,147 shares of the financial services provider's stock valued at $1,241,000 after purchasing an additional 1,097 shares during the last quarter. Hedge funds and other institutional investors own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Stock Performance
Shares of BlackRock MuniHoldings New Jersey Quality Fund stock traded up $0.02 during midday trading on Friday, hitting $10.93. The company had a trading volume of 50,982 shares, compared to its average volume of 114,008. The company has a fifty day simple moving average of $10.99 and a 200 day simple moving average of $11.29. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12-month low of $10.50 and a 12-month high of $12.24.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend 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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