Breakwater Capital Group raised its stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) by 36.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 123,845 shares of the financial services provider's stock after acquiring 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 SEC filing.
A number of other institutional investors have also recently modified their holdings of MUJ. Sit Investment Associates Inc. boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1,325.1% during the fourth quarter. Sit Investment Associates Inc. now owns 529,883 shares of the financial services provider's stock valued at $5,866,000 after buying an additional 492,701 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at $3,387,000. Leigh Baldwin & CO. LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at $2,967,000. Logan Stone Capital LLC boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 438.1% during the fourth quarter. Logan Stone Capital LLC now owns 134,526 shares of the financial services provider's stock valued at $1,489,000 after buying an additional 109,526 shares during the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at $1,107,000. 15.13% of the stock is owned by hedge funds and other institutional investors.
BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.3%
Shares of BlackRock MuniHoldings New Jersey Quality Fund stock traded down $0.03 during trading on Thursday, hitting $10.83. 45,020 shares of the company's stock traded hands, compared to its average volume of 113,886. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1 year low of $10.50 and a 1 year high of $12.24. The business has a 50-day simple moving average of $10.96 and a 200-day simple moving average of $11.27.
BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date is Friday, June 13th.
BlackRock MuniHoldings New Jersey Quality Fund Profile
(
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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