Simon Quick Advisors LLC Acquires New Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Simon Quick Advisors LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 27,197 shares of the financial services provider’s stock, valued at approximately $306,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MUJ. Sit Investment Associates Inc. raised its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1,325.1% in the 4th quarter. Sit Investment Associates Inc. now owns 529,883 shares of the financial services provider’s stock valued at $5,866,000 after purchasing an additional 492,701 shares during the last quarter. Raymond James Financial Inc. acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $3,387,000. Leigh Baldwin & CO. LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $2,967,000. Logan Stone Capital LLC increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 438.1% in the 4th quarter. Logan Stone Capital LLC now owns 134,526 shares of the financial services provider’s stock worth $1,489,000 after buying an additional 109,526 shares during the period. Finally, Polar Asset Management Partners Inc. acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $1,107,000. 15.13% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.6%

Shares of NYSE:MUJ opened at $10.81 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a twelve month low of $10.50 and a twelve month high of $12.24. The company’s 50 day moving average is $10.93 and its 200 day moving average is $11.23.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be issued a $0.054 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.65 annualized dividend and a yield of 5.99%.

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.