BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Shares Acquired by Mackay Shields LLC

Mackay Shields LLC boosted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 3.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,039,078 shares of the financial services provider’s stock after acquiring an additional 36,035 shares during the quarter. Mackay Shields LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $11,856,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Simon Quick Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth approximately $179,000. J.W. Cole Advisors Inc. acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the third quarter valued at $1,707,000. Breakwater Capital Group purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at $236,000. Fort Point Capital Partners LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at $164,000. Finally, Fiera Capital Corp raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 2.4% in the third quarter. Fiera Capital Corp now owns 810,727 shares of the financial services provider’s stock worth $8,205,000 after acquiring an additional 19,170 shares during the period. 15.13% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.5 %

Shares of MUJ stock traded down $0.06 during mid-day trading on Thursday, hitting $11.08. 78,098 shares of the stock were exchanged, compared to its average volume of 96,210. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52-week low of $9.73 and a 52-week high of $11.70. The firm has a fifty day moving average of $11.44 and a 200 day moving average of $11.14.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date is Friday, April 12th.

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.