Oppenheimer & Co. Inc. Acquires Shares of 16,095 BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Oppenheimer & Co. Inc. acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 16,095 shares of the financial services provider’s stock, valued at approximately $178,000.

A number of other hedge funds have also recently bought and sold shares of MUJ. Breakwater Capital Group boosted its position 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 buying an additional 37,076 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $237,000. Janney Montgomery Scott LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $201,000. Traphagen Investment Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $123,000. Finally, J.W. Cole Advisors Inc. lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.0% in 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 purchasing 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 Price Performance

MUJ stock opened at $11.48 on Monday. The business’s fifty day moving average is $11.39 and its 200-day moving average is $11.67. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a twelve month low of $10.97 and a twelve month high of $12.24.

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 paid a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend is Friday, March 14th.

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.