BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Shares Acquired by Breakwater Capital Group

Breakwater Capital Group lifted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 69.2% in the fourth quarter, Holdings Channel reports. The firm owned 90,678 shares of the financial services provider’s stock after purchasing an additional 37,076 shares during the period. Breakwater Capital Group’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $1,004,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. B. Riley Wealth Advisors Inc. raised its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 6.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 37,472 shares of the financial services provider’s stock valued at $429,000 after purchasing an additional 2,197 shares in the last quarter. Strategic Advisors LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the third quarter valued at $2,182,000. TriaGen Wealth Management LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the third quarter valued at $121,000. Private Advisor Group LLC lifted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 28.1% in the 3rd quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock worth $241,000 after buying an additional 4,353 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter worth about $13,530,000. Institutional investors and hedge funds own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.5 %

NYSE:MUJ opened at $11.02 on Tuesday. The stock has a 50 day moving average of $11.50 and a 200-day moving average of $11.70. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $10.97 and a 52 week high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.054 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.65 dividend on an annualized basis and a yield of 5.88%.

About BlackRock MuniHoldings New Jersey Quality Fund

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.