Everstar Asset Management LLC Has $198,000 Stock Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Everstar Asset Management LLC cut its position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 33.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,900 shares of the financial services provider’s stock after selling 9,000 shares during the period. Everstar Asset Management LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $198,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock worth $327,000 after purchasing an additional 1,400 shares during the period. Breakwater Capital Group lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 69.2% in the fourth quarter. Breakwater Capital Group now owns 90,678 shares of the financial services provider’s stock valued at $1,004,000 after buying an additional 37,076 shares in the last quarter. Traphagen Investment Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at about $123,000. Janney Montgomery Scott LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth approximately $201,000. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 251,955 shares of the financial services provider’s stock valued at $2,789,000 after purchasing an additional 7,390 shares in the last quarter. 15.13% of the stock is owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.1 %

Shares of NYSE:MUJ opened at $11.22 on Tuesday. The business’s 50 day moving average is $11.44 and its 200 day moving average is $11.60. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12-month low of $10.97 and a 12-month high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Friday, March 14th.

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.