BlackRock MuniHoldings New Jersey Quality Fund, Inc. (MUJ) To Go Ex-Dividend on May 15th

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.054 per share by the financial services provider on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.0%

Shares of MUJ stock traded up $0.01 on Wednesday, hitting $12.37. 15,678 shares of the stock were exchanged, compared to its average volume of 103,200. The firm’s 50 day moving average is $12.08 and its two-hundred day moving average is $12.05. BlackRock MuniHoldings New Jersey Quality Fund has a one year low of $10.66 and a one year high of $12.68.

Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

Several hedge funds have recently bought and sold shares of MUJ. Strategic Advisors LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter valued at $2,089,000. Fiera Capital Corp boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 51.8% in the fourth quarter. Fiera Capital Corp now owns 394,623 shares of the financial services provider’s stock worth $4,696,000 after acquiring an additional 134,600 shares in the last quarter. Guggenheim Capital LLC grew its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 18.4% in the fourth quarter. Guggenheim Capital LLC now owns 552,534 shares of the financial services provider’s stock worth $6,575,000 after acquiring an additional 85,935 shares during the last quarter. Breakwater Capital Group increased its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 35.4% during the third quarter. Breakwater Capital Group now owns 194,398 shares of the financial services provider’s stock valued at $2,253,000 after acquiring an additional 50,797 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in BlackRock MuniHoldings New Jersey Quality Fund by 19.5% in the 4th quarter. LPL Financial LLC now owns 229,167 shares of the financial services provider’s stock worth $2,727,000 after purchasing an additional 37,445 shares in the last quarter. 15.13% of the stock is currently owned by institutional investors.

About BlackRock MuniHoldings New Jersey Quality Fund

BlackRock MuniHoldings New Jersey Quality Fund (NYSE: MUJ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New Jersey state income taxes. The fund primarily invests in investment-grade municipal securities issued by or on behalf of the State of New Jersey and its municipalities, authorities, and instrumentalities. By concentrating on high-quality New Jersey public finance obligations, MUJ aims to offer tax-efficient income for investors with exposure to the state’s credit profile.

The fund’s portfolio is actively managed by BlackRock’s municipal fixed income team, which conducts credit analysis and sector allocation to identify opportunities within New Jersey’s diverse municipal marketplace.