International Assets Investment Management LLC Acquires New Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

International Assets Investment Management LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 102,507 shares of the financial services provider’s stock, valued at approximately $11,700,000. International Assets Investment Management LLC owned approximately 0.19% of BlackRock MuniHoldings New Jersey Quality Fund as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Breakwater Capital Group acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter valued at approximately $236,000. Fort Point Capital Partners LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter worth about $164,000. Fiera Capital Corp lifted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 2.4% in the 3rd quarter. Fiera Capital Corp now owns 810,727 shares of the financial services provider’s stock worth $8,205,000 after buying an additional 19,170 shares during the last quarter. Robinson Capital Management LLC boosted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 17.7% in the 3rd quarter. Robinson Capital Management LLC now owns 85,480 shares of the financial services provider’s stock valued at $863,000 after buying an additional 12,880 shares during the period. Finally, Saba Capital Management L.P. grew its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 123.2% during the 3rd quarter. Saba Capital Management L.P. now owns 796,977 shares of the financial services provider’s stock valued at $8,065,000 after buying an additional 439,949 shares during the last quarter. Institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Up 1.0 %

MUJ opened at $11.26 on Monday. The company’s 50-day moving average price is $11.39 and its 200 day moving average price is $11.20. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $9.73 and a fifty-two week high of $11.70.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock MuniHoldings New Jersey Quality Fund Profile

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.