Logan Stone Capital LLC Sells 109,288 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Logan Stone Capital LLC trimmed its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 82.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,894 shares of the financial services provider’s stock after selling 109,288 shares during the quarter. Logan Stone Capital LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $272,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Weiss Asset Management LP bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth approximately $122,000. Aristides Capital LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $165,000. Karpus Management Inc. bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at approximately $3,460,000. Nomura Holdings Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $143,000. Finally, Breakwater Capital Group raised its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 180.8% during the 1st quarter. Breakwater Capital Group now owns 65,954 shares of the financial services provider’s stock valued at $767,000 after buying an additional 42,462 shares during the period. Institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.2 %

NYSE MUJ opened at $12.17 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $9.73 and a 52 week high of $12.18. The company has a fifty day moving average of $11.87 and a two-hundred day moving average of $11.52.

BlackRock MuniHoldings New Jersey Quality Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.054 per share. The ex-dividend date is Tuesday, October 15th. This is a boost from BlackRock MuniHoldings New Jersey Quality Fund’s previous monthly dividend of $0.05. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.32%.

BlackRock MuniHoldings New Jersey Quality Fund 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.