Mountain Hill Investment Partners Corp. Makes New Investment in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Mountain Hill Investment Partners Corp. purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,400 shares of the financial services provider’s stock, valued at approximately $49,000.

Several other hedge funds have also made changes to their positions in the company. Wolverine Asset Management LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $69,000. Traphagen Investment Advisors LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at $123,000. Oppenheimer & Co. Inc. acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at $178,000. Janney Montgomery Scott LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth about $201,000. Finally, Virtu Financial LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $224,000. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Up 0.7 %

Shares of MUJ opened at $11.37 on Monday. The business’s 50-day moving average is $11.43 and its 200-day moving average is $11.63. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $10.97 and a fifty-two week high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a $0.054 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.65 annualized dividend and a yield of 5.70%.

BlackRock MuniHoldings New Jersey Quality Fund Company 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.