Noble Wealth Management PBC Invests $388,000 in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Noble Wealth Management PBC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the fourth quarter, Holdings Channel.com reports. The firm purchased 35,075 shares of the financial services provider’s stock, valued at approximately $388,000.

Other hedge funds have also modified their holdings of the company. Private Advisor Group LLC increased its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 28.1% in the third quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 4,353 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $201,000. Wolverine Asset Management LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $69,000. J.W. Cole Advisors Inc. boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 3.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 251,955 shares of the financial services provider’s stock worth $2,789,000 after purchasing an additional 7,390 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 5.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock worth $327,000 after purchasing an additional 1,400 shares in the last quarter. 15.13% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Trading Up 0.7 %

Shares of NYSE:MUJ opened at $11.71 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1 year low of $10.97 and a 1 year high of $12.24. The firm has a fifty day moving average price of $11.34 and a 200 day moving average price of $11.68.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend is Friday, February 14th.

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.