BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) Sets New 12-Month High at $12.08

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $12.08 and last traded at $12.06, with a volume of 22993 shares traded. The stock had previously closed at $12.05.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

The stock’s 50-day moving average price is $11.70 and its 200-day moving average price is $11.47.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 16th will be paid a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Monday, September 16th.

Institutional Trading of BlackRock MuniHoldings New Jersey Quality Fund

A number of institutional investors have recently bought and sold shares of MUJ. Robinson Capital Management LLC boosted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 30.7% during the 1st quarter. Robinson Capital Management LLC now owns 346,333 shares of the financial services provider’s stock worth $3,862,000 after buying an additional 81,384 shares in the last quarter. Karpus Management Inc. bought a new position in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $3,460,000. J.W. Cole Advisors Inc. grew its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 8.6% in the second quarter. J.W. Cole Advisors Inc. now owns 202,369 shares of the financial services provider’s stock worth $2,305,000 after purchasing an additional 15,996 shares during the period. Breakwater Capital Group increased its stake in BlackRock MuniHoldings New Jersey Quality Fund by 180.8% in the first quarter. Breakwater Capital Group now owns 65,954 shares of the financial services provider’s stock valued at $767,000 after purchasing an additional 42,462 shares in the last quarter. Finally, Private Portfolio Partners LLC increased its stake in BlackRock MuniHoldings New Jersey Quality Fund by 41.5% in the first quarter. Private Portfolio Partners LLC now owns 57,172 shares of the financial services provider’s stock valued at $665,000 after purchasing an additional 16,762 shares in the last quarter. 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.