Wolverine Asset Management LLC Takes $69,000 Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,276 shares of the financial services provider’s stock, valued at approximately $69,000.

Other hedge funds also recently made changes to their positions in the company. Traphagen Investment Advisors LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at approximately $123,000. Janney Montgomery Scott LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth approximately $201,000. Sanctuary Advisors LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth approximately $237,000. Private Advisor Group LLC raised its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 28.1% during the third quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock worth $241,000 after purchasing an additional 4,353 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co raised its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 5.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock worth $327,000 after purchasing an additional 1,400 shares in the last quarter. Institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

Shares of NYSE:MUJ opened at $11.59 on Tuesday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12 month low of $10.97 and a 12 month high of $12.24. The stock’s 50 day moving average price is $11.31 and its 200 day moving average price is $11.68.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.65 annualized dividend and a yield of 5.59%.

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.