BlackRock MuniHoldings New Jersey Quality Fund, Inc. (MUJ) To Go Ex-Dividend on November 13th

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be given a dividend of $0.0540 per share by the financial services provider on Tuesday, December 1st. This represents a $0.65 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, November 13th.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.1%

Shares of NYSE:MUJ traded down $0.01 during trading hours on Wednesday, reaching $11.46. The stock had a trading volume of 838 shares, compared to its average volume of 106,307. BlackRock MuniHoldings New Jersey Quality Fund has a 1 year low of $11.01 and a 1 year high of $12.68. The firm’s 50 day moving average is $11.50 and its 200-day moving average is $12.02.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter valued at $62,000. Cetera Investment Advisers lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 9.8% in the 1st quarter. Cetera Investment Advisers now owns 107,428 shares of the financial services provider’s stock worth $1,243,000 after acquiring an additional 9,564 shares during the period. Readystate Asset Management LP acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 2nd quarter worth approximately $131,000. Sanctuary Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the first quarter valued at approximately $124,000. Finally, Commonwealth Equity Services LLC grew its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 16.6% during the third quarter. Commonwealth Equity Services LLC now owns 80,879 shares of the financial services provider’s stock worth $912,000 after acquiring an additional 11,510 shares during the period. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

BlackRock MuniHoldings New Jersey Quality Fund, Inc. is a closed-end investment fund that seeks to provide shareholders with current income exempt from regular federal income tax and New Jersey personal income tax, consistent with preserving capital. The fund invests primarily in long-term municipal obligations issued by New Jersey and its municipalities, counties, public authorities and other government entities. Its portfolio focuses on investment-grade securities, though the fund may also hold other municipal investments in line with its investment policies.