Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.62 and traded as high as $11.70. BlackRock MuniHoldings New Jersey Quality Fund shares last traded at $11.70, with a volume of 103,004 shares trading hands.
BlackRock MuniHoldings New Jersey Quality Fund Stock Performance
The firm's 50-day simple moving average is $11.98 and its 200 day simple moving average is $11.62.
BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.054 per share. The ex-dividend date is Friday, November 15th. This represents a $0.65 annualized dividend and a yield of 5.51%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of MUJ. Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 81.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,647 shares of the financial services provider's stock valued at $275,000 after buying an additional 10,594 shares during the last quarter. Private Portfolio Partners LLC grew its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 41.5% in the 1st quarter. Private Portfolio Partners LLC now owns 57,172 shares of the financial services provider's stock valued at $665,000 after acquiring an additional 16,762 shares during the period. Robinson Capital Management LLC increased its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 30.7% during the 1st quarter. Robinson Capital Management LLC now owns 346,333 shares of the financial services provider's stock worth $3,862,000 after purchasing an additional 81,384 shares during the last quarter. TIAA Trust National Association bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter valued at about $439,000. Finally, Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter valued at about $141,000. 15.13% of the stock is currently owned by institutional investors.
About BlackRock MuniHoldings New Jersey Quality Fund
(
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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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