Leigh Baldwin & CO. LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 24,208 shares of the financial services provider's stock, valued at approximately $268,000.
Several other hedge funds and other institutional investors have also made changes to their positions in MUJ. Sit Investment Associates Inc. lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1,325.1% in the fourth quarter. Sit Investment Associates Inc. now owns 529,883 shares of the financial services provider's stock worth $5,866,000 after acquiring an additional 492,701 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth approximately $3,387,000. Logan Stone Capital LLC raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 438.1% in the 4th quarter. Logan Stone Capital LLC now owns 134,526 shares of the financial services provider's stock valued at $1,489,000 after purchasing an additional 109,526 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at approximately $1,107,000. Finally, Noble Wealth Management PBC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at approximately $388,000. Institutional investors and hedge funds own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.5%
Shares of NYSE:MUJ traded down $0.06 during midday trading on Wednesday, reaching $10.89. The company had a trading volume of 90,659 shares, compared to its average volume of 114,612. The stock's fifty day moving average price is $11.01 and its 200-day moving average price is $11.30. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a one year low of $10.50 and a one year high of $12.24.
BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be given a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.95%. The ex-dividend date is Thursday, May 15th.
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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