LPL Financial LLC Decreases Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

LPL Financial LLC lessened its holdings in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ – Get Rating) by 21.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 92,031 shares of the financial services provider’s stock after selling 24,458 shares during the quarter. LPL Financial LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $1,019,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in MUJ. Matisse Capital purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at about $794,000. Wells Fargo & Company MN increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 47.9% during the 2nd quarter. Wells Fargo & Company MN now owns 186,892 shares of the financial services provider’s stock valued at $2,465,000 after purchasing an additional 60,508 shares during the period. Wolverine Asset Management LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $584,000. Bank of Montreal Can purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $607,000. Finally, Melfa Wealth Management LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth $454,000. Hedge funds and other institutional investors own 14.04% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.3 %

Shares of MUJ stock opened at $10.90 on Monday. The business’s fifty day moving average is $11.21 and its 200 day moving average is $11.39. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a twelve month low of $10.62 and a twelve month high of $13.69.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 1st. Stockholders of record on Monday, May 15th will be paid a $0.0375 dividend. The ex-dividend date of this dividend is Friday, May 12th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 4.13%.

BlackRock MuniHoldings New Jersey Quality Fund Profile

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BlackRock MuniHoldings New Jersey Quality Fund, Inc operates as a closed-end investment trust. Its investment objective is to provide shareholders with current income exempt from federal income tax and New Jersey personal income taxes. The company was founded on March 11, 1998 and is headquartered in Wilmington, DE.

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