BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.30 and traded as high as $12.08. BlackRock MuniHoldings New Jersey Quality Fund shares last traded at $12.0330, with a volume of 153,336 shares changing hands.

BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.3%

The stock has a fifty day simple moving average of $11.80 and a two-hundred day simple moving average of $11.31.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a $0.054 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Monday, December 22nd.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. J.W. Cole Advisors Inc. acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 2nd quarter valued at $2,785,000. Strategic Advisors LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at about $2,089,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter valued at about $838,000. Breakwater Capital Group boosted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 35.4% during the third quarter. Breakwater Capital Group now owns 194,398 shares of the financial services provider’s stock valued at $2,253,000 after purchasing an additional 50,797 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 39.2% during the first quarter. LPL Financial LLC now owns 156,079 shares of the financial services provider’s stock worth $1,756,000 after purchasing an additional 43,932 shares during the last quarter. 15.13% of the stock is currently owned by institutional investors.

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.