BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Shares Sold by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd lowered its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 20.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 55,535 shares of the financial services provider’s stock after selling 14,044 shares during the period. NINE MASTS CAPITAL Ltd owned about 0.10% of BlackRock MuniHoldings New Jersey Quality Fund worth $633,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MUJ. Principal Securities Inc. purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at approximately $40,000. Weiss Asset Management LP purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at approximately $122,000. Wolverine Asset Management LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter valued at $141,000. Nomura Holdings Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $143,000. Finally, Aristides Capital LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $165,000. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.3 %

MUJ opened at $12.09 on Thursday. The company has a fifty day moving average of $11.71 and a two-hundred day moving average of $11.47. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $9.73 and a fifty-two week high of $12.09.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Monday, September 16th.

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.