BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) Shares Cross Above 200-Day Moving Average – Should You Sell?

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.08 and traded as high as $11.66. BlackRock MuniHoldings New Jersey Quality Fund shares last traded at $11.6250, with a volume of 149,237 shares.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.1%

The stock’s fifty day moving average price is $11.40 and its 200-day moving average price is $11.08.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%.

Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

A number of large investors have recently modified their holdings of the business. Carnegie Lake Advisors LLC grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 9.2% during the first quarter. Carnegie Lake Advisors LLC now owns 11,814 shares of the financial services provider’s stock worth $133,000 after buying an additional 1,000 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.7% during the second quarter. Bank of Montreal Can now owns 20,770 shares of the financial services provider’s stock worth $227,000 after buying an additional 1,120 shares in the last quarter. Royal Bank of Canada boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 2.8% during the 1st quarter. Royal Bank of Canada now owns 51,595 shares of the financial services provider’s stock valued at $580,000 after acquiring an additional 1,400 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 7.9% during the 1st quarter. Cetera Investment Advisers now owns 25,963 shares of the financial services provider’s stock valued at $292,000 after acquiring an additional 1,899 shares during the last quarter. Finally, PFG Investments LLC boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 11.3% during the 2nd quarter. PFG Investments LLC now owns 19,773 shares of the financial services provider’s stock valued at $217,000 after acquiring an additional 2,000 shares during the last quarter. Hedge funds and other institutional investors own 15.13% of the company’s stock.

About BlackRock MuniHoldings New Jersey Quality Fund

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.