International Assets Investment Management LLC Purchases Shares of 111,543 BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

International Assets Investment Management LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 111,543 shares of the financial services provider’s stock, valued at approximately $13,530,000. International Assets Investment Management LLC owned 0.21% of BlackRock MuniHoldings New Jersey Quality Fund at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Private Advisor Group LLC lifted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 28.1% in the third quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock valued at $241,000 after acquiring an additional 4,353 shares during the period. TriaGen Wealth Management LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at approximately $121,000. Strategic Advisors LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at approximately $2,182,000. B. Riley Wealth Advisors Inc. lifted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 6.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 37,472 shares of the financial services provider’s stock valued at $429,000 after acquiring an additional 2,197 shares during the period. Finally, J.W. Cole Advisors Inc. raised its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 8.6% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 202,369 shares of the financial services provider’s stock worth $2,305,000 after buying an additional 15,996 shares during the period. 15.13% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.4 %

Shares of MUJ stock opened at $11.65 on Thursday. The stock has a 50 day simple moving average of $12.01 and a 200-day simple moving average of $11.60. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1-year low of $9.92 and a 1-year high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a dividend yield of 5.56%. This is an increase from BlackRock MuniHoldings New Jersey Quality Fund’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, October 15th.

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.