100,000 Shares in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Bought by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 100,000 shares of the financial services provider's stock, valued at approximately $1,107,000. Polar Asset Management Partners Inc. owned approximately 0.19% of BlackRock MuniHoldings New Jersey Quality Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in MUJ. Sit Investment Associates Inc. grew its stake 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 purchasing an additional 492,701 shares during the last quarter. Raymond James Financial Inc. bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $3,387,000. Leigh Baldwin & CO. LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $2,967,000. Logan Stone Capital LLC boosted its position in 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 buying an additional 109,526 shares during the last quarter. Finally, Noble Wealth Management PBC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $388,000. Institutional investors own 15.13% of the company's stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.2%

Shares of NYSE MUJ traded up $0.02 during midday trading on Thursday, hitting $10.91. The stock had a trading volume of 99,443 shares, compared to its average volume of 114,343. 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. The company's 50-day simple moving average is $11.00 and its 200 day simple moving average is $11.30.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be issued a $0.054 dividend. This represents a $0.65 annualized dividend and a yield of 5.94%. The ex-dividend date is Thursday, May 15th.

About BlackRock MuniHoldings New Jersey Quality Fund

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.