Simon Quick Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 27,197 shares of the financial services provider's stock, valued at approximately $306,000. Simon Quick Advisors LLC owned about 0.05% of BlackRock MuniHoldings New Jersey Quality Fund as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in MUJ. Sit Investment Associates Inc. grew its holdings 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 purchasing an additional 492,701 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth about $3,387,000. Leigh Baldwin & CO. LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth about $2,967,000. Logan Stone Capital LLC grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 438.1% in the fourth quarter. Logan Stone Capital LLC now owns 134,526 shares of the financial services provider's stock worth $1,489,000 after purchasing an additional 109,526 shares during the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth about $1,107,000. 15.13% of the stock is currently owned by institutional investors.
BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.6%
NYSE:MUJ opened at $10.81 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1-year low of $10.50 and a 1-year high of $12.24. The company has a 50-day moving average of $10.93 and a 200 day moving average of $11.23.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be paid a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date of this dividend is Friday, June 13th.
BlackRock MuniHoldings New Jersey Quality Fund Company 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.
Further Reading
Want to see what other hedge funds are holding MUJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report).
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