International Assets Investment Management LLC Purchases Shares of 102,507 BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

International Assets Investment Management LLC acquired 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 disclosure with the Securities and Exchange Commission. The institutional investor acquired 102,507 shares of the financial services provider's stock, valued at approximately $11,700,000. International Assets Investment Management LLC owned about 0.19% of BlackRock MuniHoldings New Jersey Quality Fund as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Fiera Capital Corp raised its stake in BlackRock MuniHoldings New Jersey Quality Fund by 2.4% during the 3rd quarter. Fiera Capital Corp now owns 810,727 shares of the financial services provider's stock valued at $8,205,000 after acquiring an additional 19,170 shares during the last quarter. Saba Capital Management L.P. increased its position in BlackRock MuniHoldings New Jersey Quality Fund by 123.2% during the 3rd quarter. Saba Capital Management L.P. now owns 796,977 shares of the financial services provider's stock worth $8,065,000 after purchasing an additional 439,949 shares during the period. AQR Arbitrage LLC increased its position in BlackRock MuniHoldings New Jersey Quality Fund by 78.0% during the 3rd quarter. AQR Arbitrage LLC now owns 312,797 shares of the financial services provider's stock worth $3,166,000 after purchasing an additional 137,028 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in BlackRock MuniHoldings New Jersey Quality Fund by 13.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 278,019 shares of the financial services provider's stock worth $3,172,000 after purchasing an additional 33,546 shares during the period. Finally, Raymond James & Associates increased its position in BlackRock MuniHoldings New Jersey Quality Fund by 1.7% during the 4th quarter. Raymond James & Associates now owns 86,778 shares of the financial services provider's stock worth $990,000 after purchasing an additional 1,414 shares during the period. 15.13% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

NYSE MUJ traded up $0.06 on Monday, hitting $11.32. 63,815 shares of the company's stock were exchanged, compared to its average volume of 94,402. The firm's 50-day moving average price is $11.39 and its two-hundred day moving average price is $11.20. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $9.73 and a fifty-two week high of $11.70.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Tuesday, May 14th.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

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.