Leigh Baldwin & CO. LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 24,208 shares of the financial services provider's stock, valued at approximately $268,000.
Several other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can lifted 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 worth $216,000 after purchasing an additional 912 shares during the last quarter. LPL Financial LLC grew its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 1.0% in the fourth quarter. LPL Financial LLC now owns 112,147 shares of the financial services provider's stock worth $1,241,000 after purchasing an additional 1,097 shares during the last quarter. Mountain Hill Investment Partners Corp. acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $49,000. Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $69,000. Finally, Elequin Capital LP acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $82,000. Institutional investors own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Trading Up 0.2%
NYSE MUJ traded up $0.02 on Friday, reaching $10.93. 50,982 shares of the company's stock traded hands, compared to its average volume of 114,008. The stock has a 50 day moving average price of $10.99 and a 200-day moving average price of $11.29. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $10.50 and a fifty-two week high of $12.24.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a $0.054 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.65 dividend on an annualized basis and a yield of 5.93%.
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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