Oppenheimer & Co. Inc. Boosts Holdings in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Oppenheimer & Co. Inc. grew its position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 2.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,725 shares of the financial services provider’s stock after buying an additional 1,000 shares during the period. Oppenheimer & Co. Inc.’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $409,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Private Advisor Group LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 1st quarter worth approximately $366,000. Landscape Capital Management L.L.C. boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 2.5% during the 1st quarter. Landscape Capital Management L.L.C. now owns 59,491 shares of the financial services provider’s stock worth $681,000 after purchasing an additional 1,448 shares during the period. Robinson Capital Management LLC purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 1st quarter valued at approximately $813,000. Wolverine Asset Management LLC boosted its position in BlackRock MuniHoldings New Jersey Quality Fund by 73.8% in the 1st quarter. Wolverine Asset Management LLC now owns 91,678 shares of the financial services provider’s stock valued at $1,050,000 after buying an additional 38,928 shares during the period. Finally, Wealth Effects LLC boosted its position in BlackRock MuniHoldings New Jersey Quality Fund by 6.9% in the 1st quarter. Wealth Effects LLC now owns 23,094 shares of the financial services provider’s stock valued at $264,000 after buying an additional 1,500 shares during the period. Hedge funds and other institutional investors own 11.24% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

Shares of MUJ stock opened at $10.91 on Wednesday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $10.62 and a 52 week high of $13.13. The firm has a 50 day moving average of $11.08 and a two-hundred day moving average of $11.15.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a $0.0375 dividend. The ex-dividend date is Monday, August 14th. This represents a $0.45 annualized dividend and a yield of 4.12%.

BlackRock MuniHoldings New Jersey Quality Fund 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.