HighTower Advisors LLC Sells 2,488 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

HighTower Advisors LLC trimmed its holdings in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 18.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,773 shares of the financial services provider’s stock after selling 2,488 shares during the period. HighTower Advisors LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $119,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of MUJ. Pine Valley Investments Ltd Liability Co grew its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock valued at $327,000 after purchasing an additional 1,400 shares during the period. Breakwater Capital Group lifted its stake in BlackRock MuniHoldings New Jersey Quality Fund by 69.2% in the fourth quarter. Breakwater Capital Group now owns 90,678 shares of the financial services provider’s stock valued at $1,004,000 after buying an additional 37,076 shares in the last quarter. Traphagen Investment Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at approximately $123,000. Janney Montgomery Scott LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $201,000. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 251,955 shares of the financial services provider’s stock worth $2,789,000 after acquiring an additional 7,390 shares during the period. 15.13% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Stock Down 1.9 %

MUJ opened at $11.13 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12 month low of $10.97 and a 12 month high of $12.24. The firm’s fifty day simple moving average is $11.43 and its 200 day simple moving average is $11.58.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date of this dividend is Tuesday, April 15th.

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.