Cerity Partners LLC Acquires Shares of 11,656 BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Cerity Partners LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,656 shares of the financial services provider’s stock, valued at approximately $133,000.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $11,700,000. Breakwater Capital Group purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter worth about $236,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 13.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 278,019 shares of the financial services provider’s stock worth $3,172,000 after buying an additional 33,546 shares during the last quarter. Simon Quick Advisors LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter valued at about $179,000. Finally, Raymond James & Associates raised its stake in BlackRock MuniHoldings New Jersey Quality Fund by 1.7% during the 4th quarter. Raymond James & Associates now owns 86,778 shares of the financial services provider’s stock valued at $990,000 after acquiring an additional 1,414 shares during the last quarter. 15.13% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.3 %

Shares of MUJ stock opened at $11.10 on Wednesday. The business’s 50 day moving average is $11.42 and its two-hundred day moving average is $11.16. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a twelve month low of $9.73 and a twelve month high of $11.70.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a $0.05 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.41%.

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.