BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Shares Sold by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co decreased its position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 19.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,669 shares of the financial services provider’s stock after selling 5,200 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Wolverine Asset Management LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at approximately $69,000. Sanctuary Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $237,000. J.W. Cole Advisors Inc. lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.0% in the 4th 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 during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $201,000. Finally, Traphagen Investment Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $123,000. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

Shares of MUJ opened at $11.62 on Friday. The company’s 50-day moving average price is $11.33 and its 200 day moving average price is $11.68. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.054 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.65 annualized dividend and a dividend yield of 5.58%.

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.