BlackRock MuniHoldings New Jersey Quality Fund, Inc. Plans Monthly Dividend of $0.05 (NYSE:MUJ)

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) declared a monthly dividend on Friday, November 17th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.05 per share by the financial services provider on Friday, March 1st. This represents a $0.60 dividend on an annualized basis and a yield of 5.56%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

MUJ stock traded up $0.04 during mid-day trading on Friday, reaching $10.80. The company had a trading volume of 137,714 shares, compared to its average volume of 114,875. The firm has a 50 day moving average of $10.28 and a 200 day moving average of $10.79. BlackRock MuniHoldings New Jersey Quality Fund has a 12 month low of $9.73 and a 12 month high of $12.38.

Hedge Funds Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its stake in BlackRock MuniHoldings New Jersey Quality Fund by 11.3% in the 3rd quarter. Royal Bank of Canada now owns 45,369 shares of the financial services provider’s stock worth $459,000 after acquiring an additional 4,600 shares in the last quarter. LPL Financial LLC grew its stake in BlackRock MuniHoldings New Jersey Quality Fund by 10.3% in the 3rd quarter. LPL Financial LLC now owns 101,535 shares of the financial services provider’s stock worth $1,028,000 after acquiring an additional 9,506 shares in the last quarter. Wells Fargo & Company MN grew its stake in BlackRock MuniHoldings New Jersey Quality Fund by 0.6% in the 2nd quarter. Wells Fargo & Company MN now owns 198,712 shares of the financial services provider’s stock worth $2,220,000 after acquiring an additional 1,232 shares in the last quarter. Cornerstone Planning Group LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter worth approximately $152,000. Finally, Cetera Advisor Networks LLC lifted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 16.0% in the 2nd quarter. Cetera Advisor Networks LLC now owns 12,781 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 1,760 shares during the period. 11.24% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Company 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.