Raymond James Financial Inc. Invests $3.39 Million in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 305,976 shares of the financial services provider's stock, valued at approximately $3,387,000. Raymond James Financial Inc. owned about 0.57% of BlackRock MuniHoldings New Jersey Quality Fund as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC lifted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 23.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 47,296 shares of the financial services provider's stock valued at $524,000 after purchasing an additional 8,832 shares in the last quarter. Noble Wealth Management PBC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth approximately $388,000. Oppenheimer & Co. Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at approximately $178,000. Wolverine Asset Management LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $69,000. Finally, Sanctuary Advisors LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $237,000. 15.13% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.3 %

Shares of NYSE:MUJ traded up $0.04 on Monday, hitting $11.25. The company had a trading volume of 5,812 shares, compared to its average volume of 109,006. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52-week low of $10.97 and a 52-week high of $12.24. The business has a 50 day moving average of $11.44 and a 200 day moving average of $11.60.

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BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.054 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.65 dividend on an annualized basis and a yield of 5.76%.

BlackRock MuniHoldings New Jersey Quality Fund Company 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.