Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 147,596 shares changed hands during trading, an increase of 55% from the previous session's volume of 95,001 shares.The stock last traded at $11.67 and had previously closed at $11.60.
BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.4 %
The stock has a fifty day moving average of $12.01 and a 200-day moving average of $11.60.
BlackRock MuniHoldings New Jersey Quality Fund Increases Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be issued a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a yield of 5.56%. The ex-dividend date is Tuesday, October 15th. This is an increase from BlackRock MuniHoldings New Jersey Quality Fund's previous monthly dividend of $0.05.
Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund
Hedge funds have recently made changes to their positions in the company. Strategic Advisors LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth about $2,182,000. Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the second quarter worth approximately $141,000. J.W. Cole Advisors Inc. grew its position in BlackRock MuniHoldings New Jersey Quality Fund by 6.3% during the first quarter. J.W. Cole Advisors Inc. now owns 186,373 shares of the financial services provider's stock valued at $2,168,000 after purchasing an additional 11,000 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in BlackRock MuniHoldings New Jersey Quality Fund by 6.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 37,472 shares of the financial services provider's stock valued at $429,000 after purchasing an additional 2,197 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in 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 period. Hedge funds and other institutional investors own 15.13% of the company's stock.
BlackRock MuniHoldings New Jersey Quality Fund Company Profile
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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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