Private Advisor Group LLC purchased a new stake in BlackRock MuniYield New Jersey Fund, Inc (NYSE:MYJ) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,179 shares of the investment management company’s stock, valued at approximately $223,000.

Several other hedge funds also recently made changes to their positions in the company. UBS Group AG increased its stake in shares of BlackRock MuniYield New Jersey Fund by 32.8% in the 1st quarter. UBS Group AG now owns 154,934 shares of the investment management company’s stock valued at $2,162,000 after acquiring an additional 38,255 shares during the last quarter. Mariner Investment Group LLC bought a new stake in shares of BlackRock MuniYield New Jersey Fund in the 2nd quarter valued at about $777,000. RMB Capital Management LLC increased its stake in shares of BlackRock MuniYield New Jersey Fund by 84.7% in the 1st quarter. RMB Capital Management LLC now owns 34,287 shares of the investment management company’s stock valued at $479,000 after acquiring an additional 15,719 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of BlackRock MuniYield New Jersey Fund in the 1st quarter valued at about $390,000. Finally, Peapack Gladstone Financial Corp increased its stake in shares of BlackRock MuniYield New Jersey Fund by 39.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 26,831 shares of the investment management company’s stock valued at $370,000 after acquiring an additional 7,649 shares during the last quarter. 15.43% of the stock is owned by institutional investors.

Shares of MYJ stock opened at $13.20 on Friday. BlackRock MuniYield New Jersey Fund, Inc has a one year low of $13.30 and a one year high of $16.70.

The business also recently declared a monthly dividend, which will be paid on Monday, October 1st. Stockholders of record on Friday, September 14th will be paid a $0.0605 dividend. The ex-dividend date is Thursday, September 13th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.50%.

BlackRock MuniYield New Jersey Fund Profile

There is no company description available for BlackRock MuniYield New Jersey.

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Institutional Ownership by Quarter for BlackRock MuniYield New Jersey Fund (NYSE:MYJ)

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