BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) Shares Cross Above 200-Day Moving Average – Here’s Why

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.17 and traded as high as $11.70. BlackRock MuniHoldings New Jersey Quality Fund shares last traded at $11.6650, with a volume of 62,182 shares trading hands.

BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.1%

The company’s fifty day simple moving average is $11.62 and its 200-day simple moving average is $11.17.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid a dividend of $0.054 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date is Friday, November 14th.

Institutional Investors Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

Institutional investors have recently added to or reduced their stakes in the business. Avantax Advisory Services Inc. increased its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 10.0% during the first quarter. Avantax Advisory Services Inc. now owns 35,283 shares of the financial services provider’s stock valued at $397,000 after acquiring an additional 3,220 shares in the last quarter. Cetera Investment Advisers grew its position in BlackRock MuniHoldings New Jersey Quality Fund by 7.9% during the 1st quarter. Cetera Investment Advisers now owns 25,963 shares of the financial services provider’s stock worth $292,000 after purchasing an additional 1,899 shares during the last quarter. LPL Financial LLC increased its stake in BlackRock MuniHoldings New Jersey Quality Fund by 39.2% during the 1st quarter. LPL Financial LLC now owns 156,079 shares of the financial services provider’s stock valued at $1,756,000 after purchasing an additional 43,932 shares in the last quarter. Sit Investment Associates Inc. raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 18.8% in the first quarter. Sit Investment Associates Inc. now owns 629,574 shares of the financial services provider’s stock worth $7,083,000 after buying an additional 99,691 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.3% in the first quarter. Raymond James Financial Inc. now owns 316,162 shares of the financial services provider’s stock worth $3,557,000 after buying an additional 10,186 shares during the last quarter. Institutional investors and hedge funds own 15.13% of the company’s stock.

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.