BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ – Get Free Report) announced a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be given a dividend of 0.054 per share by the financial services provider on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Friday, May 15th.
BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.3%
Shares of NYSE MUJ opened at $12.36 on Wednesday. BlackRock MuniHoldings New Jersey Quality Fund has a one year low of $10.66 and a one year high of $12.68. The firm’s 50 day simple moving average is $12.08 and its two-hundred day simple moving average is $12.05.
Hedge Funds Weigh In On BlackRock MuniHoldings New Jersey Quality Fund
Large investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the first quarter worth $124,000. Breakwater Capital Group increased its stake in BlackRock MuniHoldings New Jersey Quality Fund by 6.0% in the 1st quarter. Breakwater Capital Group now owns 226,216 shares of the financial services provider’s stock worth $2,617,000 after purchasing an additional 12,824 shares during the period. Green Ridge Wealth Planning LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at approximately $133,000. Virtu Financial LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $184,000. Finally, NewEdge Advisors LLC raised its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 35.1% during the 4th quarter. NewEdge Advisors LLC now owns 25,007 shares of the financial services provider’s stock valued at $298,000 after buying an additional 6,501 shares during the last quarter. Hedge funds and other institutional investors own 15.13% of the company’s stock.
About BlackRock MuniHoldings New Jersey Quality Fund
BlackRock MuniHoldings New Jersey Quality Fund (NYSE: MUJ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New Jersey state income taxes. The fund primarily invests in investment-grade municipal securities issued by or on behalf of the State of New Jersey and its municipalities, authorities, and instrumentalities. By concentrating on high-quality New Jersey public finance obligations, MUJ aims to offer tax-efficient income for investors with exposure to the state’s credit profile.
The fund’s portfolio is actively managed by BlackRock’s municipal fixed income team, which conducts credit analysis and sector allocation to identify opportunities within New Jersey’s diverse municipal marketplace.
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