Janney Montgomery Scott LLC Sells 5,204 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Janney Montgomery Scott LLC decreased its position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJFree Report) by 20.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,818 shares of the financial services provider’s stock after selling 5,204 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $233,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 1.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 243,588 shares of the financial services provider’s stock valued at $2,721,000 after acquiring an additional 4,377 shares during the last quarter. Summit Trail Advisors LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the second quarter valued at about $181,000. Melfa Wealth Management LLC boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 26.0% during the second quarter. Melfa Wealth Management LLC now owns 51,379 shares of the financial services provider’s stock worth $574,000 after buying an additional 10,610 shares during the last quarter. Moody National Bank Trust Division bought a new position in BlackRock MuniHoldings New Jersey Quality Fund during the second quarter worth about $118,000. Finally, Susquehanna International Group LLP boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 27.2% during the first quarter. Susquehanna International Group LLP now owns 16,464 shares of the financial services provider’s stock worth $189,000 after buying an additional 3,520 shares during the last quarter. Institutional investors own 11.24% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

Shares of MUJ opened at $10.29 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1 year low of $9.73 and a 1 year high of $12.38. The stock’s 50-day moving average price is $10.34 and its two-hundred day moving average price is $10.83.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.0375 per share. This represents a $0.45 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend is Tuesday, November 14th.

BlackRock MuniHoldings New Jersey Quality Fund Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ)

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