HighTower Advisors LLC Trims Holdings in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

HighTower Advisors LLC decreased its position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 20.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,261 shares of the financial services provider’s stock after selling 3,449 shares during the period. HighTower Advisors LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $161,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. TriaGen Wealth Management LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter valued at $121,000. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the second quarter valued at $141,000. Private Advisor Group LLC increased its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 28.1% in the 3rd quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock valued at $241,000 after acquiring an additional 4,353 shares during the period. Wealth Effects LLC raised its stake in BlackRock MuniHoldings New Jersey Quality Fund by 22.6% in the 2nd quarter. Wealth Effects LLC now owns 24,294 shares of the financial services provider’s stock worth $277,000 after acquiring an additional 4,474 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its stake in BlackRock MuniHoldings New Jersey Quality Fund by 6.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 37,472 shares of the financial services provider’s stock worth $429,000 after acquiring an additional 2,197 shares during the last quarter. Institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Up 0.6 %

BlackRock MuniHoldings New Jersey Quality Fund stock opened at $11.10 on Thursday. The business’s 50-day simple moving average is $11.66 and its two-hundred day simple moving average is $11.72. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $10.98 and a fifty-two week high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.054 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.65 dividend on an annualized basis and a yield of 5.84%.

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.