Bank of America Corp DE lifted its stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) by 9.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 383,621 shares of the financial services provider's stock after buying an additional 32,776 shares during the quarter. Bank of America Corp DE owned approximately 0.71% of BlackRock MuniHoldings New Jersey Quality Fund worth $4,247,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of MUJ. Mountain Hill Investment Partners Corp. bought a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $49,000. Wolverine Asset Management LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at about $69,000. Oppenheimer & Co. Inc. acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at approximately $178,000. Janney Montgomery Scott LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth approximately $201,000. Finally, Jane Street Group LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth approximately $206,000. Institutional investors own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Price Performance
Shares of NYSE MUJ traded down $0.01 during midday trading on Tuesday, reaching $10.88. 179,844 shares of the stock were exchanged, compared to its average volume of 114,343. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a twelve month low of $10.50 and a twelve month high of $12.24. The firm has a 50-day simple moving average of $10.98 and a two-hundred day simple moving average of $11.28.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a dividend of $0.054 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.96%.
About BlackRock MuniHoldings New Jersey Quality Fund
(
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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