HighTower Advisors LLC Trims Stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

HighTower Advisors LLC cut its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 20.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,261 shares of the financial services provider’s stock after selling 3,449 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Strategic Advisors LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter worth approximately $2,182,000. International Assets Investment Management LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter valued at about $13,530,000. J.W. Cole Advisors Inc. boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 20.9% in the third quarter. J.W. Cole Advisors Inc. now owns 244,565 shares of the financial services provider’s stock worth $2,967,000 after acquiring an additional 42,196 shares in the last quarter. TIAA Trust National Association purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the second quarter valued at approximately $439,000. Finally, Wolverine Asset Management LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter worth approximately $141,000. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.6 %

NYSE MUJ opened at $11.10 on Thursday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $10.98 and a 52 week high of $12.24. The company has a 50-day moving average price of $11.66 and a 200-day moving average price of $11.72.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.054 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.65 annualized dividend and a dividend yield of 5.84%.

BlackRock MuniHoldings New Jersey Quality Fund 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.