BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Get Free Report) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 18,700 shares, a decrease of 71.7% from the November 30th total of 66,000 shares. Based on an average daily trading volume, of 139,400 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On BlackRock MuniHoldings New Jersey Quality Fund
Institutional investors and hedge funds have recently made changes to their positions in the stock. Pine Valley Investments Ltd Liability Co raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider's stock valued at $327,000 after purchasing an additional 1,400 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in BlackRock MuniHoldings New Jersey Quality Fund by 20.9% in the third quarter. J.W. Cole Advisors Inc. now owns 244,565 shares of the financial services provider's stock valued at $2,967,000 after buying an additional 42,196 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth about $13,530,000. Private Advisor Group LLC increased its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 28.1% in the 3rd quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider's stock valued at $241,000 after acquiring an additional 4,353 shares during the last quarter. Finally, TriaGen Wealth Management LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth about $121,000. 15.13% of the stock is owned by institutional investors and hedge funds.
BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.4 %
Shares of BlackRock MuniHoldings New Jersey Quality Fund stock traded down $0.04 during trading hours on Thursday, reaching $11.06. 225,639 shares of the company were exchanged, compared to its average volume of 106,745. BlackRock MuniHoldings New Jersey Quality Fund has a 1 year low of $10.98 and a 1 year high of $12.24. The stock's fifty day moving average is $11.65 and its 200 day moving average is $11.71.
BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date of this dividend is Monday, December 16th.
About BlackRock MuniHoldings New Jersey Quality Fund
(
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.
Further Reading
Before you consider BlackRock MuniHoldings New Jersey Quality Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniHoldings New Jersey Quality Fund wasn't on the list.
While BlackRock MuniHoldings New Jersey Quality Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
