BlackRock MuniHoldings New Jersey Quality Fund, Inc. (MUJ) To Go Ex-Dividend on April 15th

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) announced a monthly dividend on Friday, February 27th. Investors of record on Wednesday, April 15th will be given a dividend of 0.054 per share by the financial services provider on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Wednesday, April 15th.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

Shares of NYSE:MUJ traded down $0.01 during midday trading on Monday, hitting $11.91. The company had a trading volume of 11,885 shares, compared to its average volume of 102,849. BlackRock MuniHoldings New Jersey Quality Fund has a twelve month low of $10.66 and a twelve month high of $12.68. The business’s 50-day simple moving average is $12.16 and its 200-day simple moving average is $11.97.

Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at approximately $60,000. Elyxium Wealth LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $69,000. Nomura Holdings Inc. acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the second quarter worth $110,000. Cary Street Partners Financial LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $133,000. Finally, Green Ridge Wealth Planning LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth $133,000. Institutional investors and hedge funds 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.