Nomura Holdings Inc. acquired a new position 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 Securities and Exchange Commission. The fund acquired 23,500 shares of the financial services provider's stock, valued at approximately $260,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at approximately $3,387,000. Sit Investment Associates Inc. boosted its stake in 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 worth $5,866,000 after buying an additional 492,701 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $284,000. Avantax Advisory Services Inc. increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 43.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 32,063 shares of the financial services provider's stock valued at $355,000 after buying an additional 9,762 shares during the period. Finally, Leigh Baldwin & CO. LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $2,967,000. 15.13% of the stock is currently owned by institutional investors.
BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.6%
Shares of MUJ stock traded down $0.07 during trading hours on Wednesday, hitting $10.88. The company had a trading volume of 23,062 shares, compared to its average volume of 114,295. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12 month low of $10.50 and a 12 month high of $12.24. The firm's fifty day moving average is $11.02 and its 200 day moving average is $11.31.
BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date is Thursday, May 15th.
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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