Sanctuary Advisors LLC Buys Shares of 20,866 BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Sanctuary Advisors LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,866 shares of the financial services provider’s stock, valued at approximately $237,000.

A number of other hedge funds also recently made changes to their positions in the stock. Breakwater Capital Group lifted its stake in BlackRock MuniHoldings New Jersey Quality Fund by 69.2% in the 4th quarter. Breakwater Capital Group now owns 90,678 shares of the financial services provider’s stock valued at $1,004,000 after purchasing an additional 37,076 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $201,000. Traphagen Investment Advisors LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $123,000. J.W. Cole Advisors Inc. boosted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 251,955 shares of the financial services provider’s stock valued at $2,789,000 after acquiring an additional 7,390 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in BlackRock MuniHoldings New Jersey Quality Fund by 28.1% during the 3rd quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 4,353 shares during the last quarter. 15.13% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.5 %

BlackRock MuniHoldings New Jersey Quality Fund stock opened at $11.57 on Thursday. The stock has a 50-day moving average price of $11.37 and a two-hundred day moving average price of $11.68. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12 month low of $10.97 and a 12 month high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a dividend of $0.054 per share. The ex-dividend date is Friday, March 14th. This represents a $0.65 annualized dividend and a yield of 5.60%.

About BlackRock MuniHoldings New Jersey Quality Fund

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.