Breakwater Capital Group boosted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) by 36.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,845 shares of the financial services provider's stock after buying an additional 33,167 shares during the period. Breakwater Capital Group owned approximately 0.23% of BlackRock MuniHoldings New Jersey Quality Fund worth $1,393,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Bank of Montreal Can grew its stake in BlackRock MuniHoldings New Jersey Quality Fund by 4.9% in the fourth quarter. Bank of Montreal Can now owns 19,540 shares of the financial services provider's stock valued at $216,000 after purchasing an additional 912 shares in the last quarter. LPL Financial LLC boosted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1.0% during the 4th quarter. LPL Financial LLC now owns 112,147 shares of the financial services provider's stock worth $1,241,000 after acquiring an additional 1,097 shares in the last quarter. Mountain Hill Investment Partners Corp. bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $49,000. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $69,000. Finally, Elequin Capital LP bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $82,000. 15.13% of the stock is owned by institutional investors and hedge funds.
BlackRock MuniHoldings New Jersey Quality Fund Stock Performance
Shares of MUJ traded down $0.01 during trading hours on Friday, hitting $10.82. 84,701 shares of the company were exchanged, compared to its average volume of 114,019. The firm's 50 day moving average is $10.95 and its 200-day moving average is $11.26. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $10.50 and a 52 week high of $12.24.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be paid a dividend of $0.054 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.65 annualized dividend and a dividend yield of 5.99%.
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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