Raymond James Financial Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 305,976 shares of the financial services provider's stock, valued at approximately $3,387,000. Raymond James Financial Inc. owned approximately 0.57% of BlackRock MuniHoldings New Jersey Quality Fund as of its most recent filing with the SEC.
Other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can grew its stake in BlackRock MuniHoldings New Jersey Quality Fund by 4.9% during the 4th quarter. Bank of Montreal Can now owns 19,540 shares of the financial services provider's stock worth $216,000 after buying an additional 912 shares during the last quarter. LPL Financial LLC raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1.0% in the fourth quarter. LPL Financial LLC now owns 112,147 shares of the financial services provider's stock worth $1,241,000 after buying an additional 1,097 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider's stock valued at $327,000 after acquiring an additional 1,400 shares during the period. Mountain Hill Investment Partners Corp. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at about $49,000. Finally, Wolverine Asset Management LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at about $69,000. Hedge funds and other institutional investors own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.0 %
Shares of NYSE:MUJ traded up $0.01 during midday trading on Thursday, reaching $11.13. The company's stock had a trading volume of 74,855 shares, compared to its average volume of 113,471. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a twelve month low of $10.50 and a twelve month high of $12.24. The stock has a fifty day moving average of $11.20 and a 200 day moving average of $11.41.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a $0.054 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.82%.
BlackRock MuniHoldings New Jersey Quality Fund Profile
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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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