BlackRock MuniHoldings New Jersey Quality Fund, Inc. (MUJ) To Go Ex-Dividend on January 20th

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be given a dividend of 0.054 per share by the financial services provider on Monday, February 2nd. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Tuesday, January 20th.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

Shares of MUJ traded up $0.04 during mid-day trading on Friday, reaching $12.17. The stock had a trading volume of 68,597 shares, compared to its average volume of 93,815. BlackRock MuniHoldings New Jersey Quality Fund has a 12 month low of $10.50 and a 12 month high of $12.19. The business has a fifty day moving average of $11.97 and a 200 day moving average of $11.49.

Institutional Trading of BlackRock MuniHoldings New Jersey Quality Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in MUJ. Nomura Holdings Inc. purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter worth approximately $110,000. Janney Montgomery Scott LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the second quarter worth $113,000. Advisory Services Network LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter worth $133,000. Susquehanna International Group LLP bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter worth $134,000. Finally, Permanent Capital Management LP purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at $140,000. Institutional investors own 15.13% of the company’s stock.

About BlackRock MuniHoldings New Jersey Quality Fund

BlackRock MuniHoldings New Jersey Quality Fund (NYSE: MUJ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New Jersey state income taxes. The fund primarily invests in investment-grade municipal securities issued by or on behalf of the State of New Jersey and its municipalities, authorities, and instrumentalities. By concentrating on high-quality New Jersey public finance obligations, MUJ aims to offer tax-efficient income for investors with exposure to the state’s credit profile.

The fund’s portfolio is actively managed by BlackRock’s municipal fixed income team, which conducts credit analysis and sector allocation to identify opportunities within New Jersey’s diverse municipal marketplace.