BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ) Stock Price Crosses Above Two Hundred Day Moving Average of $14.35

BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.35 and traded as high as $14.92. BlackRock MuniHoldings New Jersey Ins Fn shares last traded at $14.91, with a volume of 18,022 shares traded.

The stock’s 50 day moving average price is $14.63 and its two-hundred day moving average price is $14.36.

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 14th will be given a dividend of $0.054 per share. The ex-dividend date is Thursday, February 13th. This represents a $0.65 annualized dividend and a dividend yield of 4.36%.

A number of hedge funds have recently bought and sold shares of MUJ. Boenning & Scattergood Inc. acquired a new stake in BlackRock MuniHoldings New Jersey Ins Fn during the 4th quarter valued at $144,000. Mackay Shields LLC increased its position in BlackRock MuniHoldings New Jersey Ins Fn by 235.6% during the third quarter. Mackay Shields LLC now owns 558,453 shares of the financial services provider’s stock worth $7,947,000 after buying an additional 392,046 shares in the last quarter. Bank of America Corp DE increased its position in BlackRock MuniHoldings New Jersey Ins Fn by 16.7% during the second quarter. Bank of America Corp DE now owns 132,725 shares of the financial services provider’s stock worth $1,850,000 after buying an additional 19,018 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of BlackRock MuniHoldings New Jersey Ins Fn by 7.1% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,000 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Advisor Group Inc. raised its holdings in shares of BlackRock MuniHoldings New Jersey Ins Fn by 100.0% in the fourth quarter. Advisor Group Inc. now owns 2,000 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 1,000 shares during the last quarter. 13.17% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New Jersey Ins Fn Company Profile (NYSE:MUJ)

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: Price to Earnings Ratio (PE) Basics

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