Private Advisor Group LLC Decreases Stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Private Advisor Group LLC lowered its position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 12.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 17,428 shares of the financial services provider’s stock after selling 2,400 shares during the period. Private Advisor Group LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $193,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MUJ. Traphagen Investment Advisors LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $123,000. Janney Montgomery Scott LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $201,000. Sanctuary Advisors LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $237,000. Pine Valley Investments Ltd Liability Co raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock worth $327,000 after acquiring an additional 1,400 shares during the period. Finally, Breakwater Capital Group raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 69.2% during the 4th quarter. Breakwater Capital Group now owns 90,678 shares of the financial services provider’s stock worth $1,004,000 after acquiring an additional 37,076 shares during the period. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.7 %

NYSE MUJ opened at $11.50 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $10.97 and a 52 week high of $12.24. The business’s fifty day simple moving average is $11.38 and its 200-day simple moving average is $11.68.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.65 annualized dividend and a dividend yield of 5.63%.

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.