BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ – Get Free Report) declared a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.054 per share by the financial services provider on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, December 22nd.
BlackRock MuniHoldings New Jersey Quality Fund Stock Performance
NYSE MUJ traded up $0.02 during trading on Friday, hitting $12.13. The stock had a trading volume of 168,929 shares, compared to its average volume of 129,584. The firm has a 50 day moving average price of $11.82 and a 200 day moving average price of $11.32. BlackRock MuniHoldings New Jersey Quality Fund has a twelve month low of $10.50 and a twelve month high of $12.18.
Institutional Trading of BlackRock MuniHoldings New Jersey Quality Fund
Large investors have recently modified their holdings of the stock. Nomura Holdings Inc. purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the second quarter valued at $110,000. Janney Montgomery Scott LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter valued at approximately $113,000. Advisory Services Network LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth $133,000. Susquehanna International Group LLP purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at $134,000. Finally, Prestige Wealth Management Group LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at $159,000. 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 (NYSE: MUJ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New Jersey state income taxes. The fund primarily invests in investment-grade municipal securities issued by or on behalf of the State of New Jersey and its municipalities, authorities, and instrumentalities. By concentrating on high-quality New Jersey public finance obligations, MUJ aims to offer tax-efficient income for investors with exposure to the state’s credit profile.
The fund’s portfolio is actively managed by BlackRock’s municipal fixed income team, which conducts credit analysis and sector allocation to identify opportunities within New Jersey’s diverse municipal marketplace.
Further Reading
- Five stocks we like better than BlackRock MuniHoldings New Jersey Quality Fund
- What Are the FAANG Stocks and Are They Good Investments?
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut
- What is the FTSE 100 index?
- MarketBeat Week in Review – 12/15 – 12/19
Receive News & Ratings for BlackRock MuniHoldings New Jersey Quality Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings New Jersey Quality Fund and related companies with MarketBeat.com's FREE daily email newsletter.
