BlackRock MuniHoldings New Jersey Quality Fund, Inc. $MUJ Shares Acquired by Breakwater Capital Group

Breakwater Capital Group increased its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 35.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,398 shares of the financial services provider’s stock after purchasing an additional 50,797 shares during the quarter. Breakwater Capital Group’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $2,253,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MUJ. Guggenheim Capital LLC grew its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 8.4% during the second quarter. Guggenheim Capital LLC now owns 451,745 shares of the financial services provider’s stock worth $4,947,000 after buying an additional 34,962 shares in the last quarter. Bank of America Corp DE increased its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 7.6% in the 2nd quarter. Bank of America Corp DE now owns 449,183 shares of the financial services provider’s stock valued at $4,919,000 after purchasing an additional 31,816 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 2nd quarter valued at $2,785,000. Strategic Advisors LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter worth $2,089,000. Finally, Atlas Private Wealth Advisors increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 81.7% in the second quarter. Atlas Private Wealth Advisors now owns 76,571 shares of the financial services provider’s stock valued at $838,000 after buying an additional 34,439 shares during the last quarter. Institutional investors and hedge funds own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Down 1.7%

Shares of NYSE MUJ opened at $12.08 on Monday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1 year low of $10.50 and a 1 year high of $12.48. The business has a 50-day moving average of $12.08 and a two-hundred day moving average of $11.63.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be paid a $0.054 dividend. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date is Friday, March 13th.

About BlackRock MuniHoldings New Jersey Quality Fund

BlackRock MuniHoldings New Jersey Quality Fund (NYSE: MUJ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New Jersey state income taxes. The fund primarily invests in investment-grade municipal securities issued by or on behalf of the State of New Jersey and its municipalities, authorities, and instrumentalities. By concentrating on high-quality New Jersey public finance obligations, MUJ aims to offer tax-efficient income for investors with exposure to the state’s credit profile.

The fund’s portfolio is actively managed by BlackRock’s municipal fixed income team, which conducts credit analysis and sector allocation to identify opportunities within New Jersey’s diverse municipal marketplace.