Simon Quick Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 27,197 shares of the financial services provider's stock, valued at approximately $306,000. Simon Quick Advisors LLC owned approximately 0.05% of BlackRock MuniHoldings New Jersey Quality Fund at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in MUJ. Sit Investment Associates Inc. increased its position 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 worth $5,866,000 after acquiring an additional 492,701 shares during the period. Guggenheim Capital LLC grew its stake in BlackRock MuniHoldings New Jersey Quality Fund by 5.3% in the fourth quarter. Guggenheim Capital LLC now owns 402,588 shares of the financial services provider's stock worth $4,457,000 after purchasing an additional 20,408 shares in the last quarter. Bank of America Corp DE increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 9.3% during the 4th quarter. Bank of America Corp DE now owns 383,621 shares of the financial services provider's stock worth $4,247,000 after purchasing an additional 32,776 shares during the period. Raymond James Financial Inc. purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $3,387,000. Finally, Leigh Baldwin & CO. LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $2,967,000. 15.13% of the stock is owned by hedge funds and other institutional investors.
BlackRock MuniHoldings New Jersey Quality Fund Price Performance
Shares of MUJ traded down $0.02 during midday trading on Wednesday, reaching $10.78. 68,784 shares of the stock were exchanged, compared to its average volume of 114,392. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $10.50 and a 52 week high of $12.24. The company's 50 day moving average is $10.93 and its two-hundred day moving average is $11.21.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be issued a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a yield of 6.01%. The ex-dividend date of this dividend is Friday, June 13th.
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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