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BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) Sees Strong Trading Volume - Here's What Happened

BlackRock MuniHoldings New Jersey Quality Fund logo with Finance background

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 213,845 shares were traded during mid-day trading, an increase of 114% from the previous session's volume of 100,138 shares.The stock last traded at $11.53 and had previously closed at $11.54.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 1.1 %

The business has a fifty day moving average of $11.80 and a 200 day moving average of $11.72.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a yield of 5.65%. The ex-dividend date is Monday, December 16th.

Hedge Funds Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

Several large investors have recently modified their holdings of MUJ. TIAA Trust National Association bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 2nd quarter worth about $439,000. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the second quarter worth approximately $141,000. Wealth Effects LLC grew its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 22.6% in the second quarter. Wealth Effects LLC now owns 24,294 shares of the financial services provider's stock valued at $277,000 after purchasing an additional 4,474 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 8.6% during the second quarter. J.W. Cole Advisors Inc. now owns 202,369 shares of the financial services provider's stock worth $2,305,000 after purchasing an additional 15,996 shares during the period. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 6.2% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 37,472 shares of the financial services provider's stock worth $429,000 after purchasing an additional 2,197 shares during the last quarter. 15.13% of the stock is owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

(Get Free Report)

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.

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