Polar Asset Management Partners Inc. bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 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 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MUJ. Mountain Hill Investment Partners Corp. acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at $49,000. Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $69,000. Citadel Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth about $116,000. Traphagen Investment Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth about $123,000. Finally, Nuveen Asset Management LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at approximately $128,000. Institutional investors and hedge funds own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.2%
NYSE MUJ traded up $0.03 during mid-day trading on Friday, reaching $10.85. 21,390 shares of the stock were exchanged, compared to its average volume of 113,995. 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's fifty day simple moving average is $11.04 and its 200 day simple moving average is $11.33.
BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.98%. 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.
See Also
Before you consider BlackRock MuniHoldings New Jersey Quality Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniHoldings New Jersey Quality Fund wasn't on the list.
While BlackRock MuniHoldings New Jersey Quality Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
