International Assets Investment Management LLC Buys New Stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

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International Assets Investment Management LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,000 shares of the financial services provider’s stock, valued at approximately $72,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Private Portfolio Partners LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the third quarter worth about $181,000. Transcend Wealth Collective LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter worth about $384,000. Morgan Stanley boosted its position in BlackRock MuniHoldings New Jersey Quality Fund by 0.6% during the third quarter. Morgan Stanley now owns 251,389 shares of the financial services provider’s stock worth $3,417,000 after purchasing an additional 1,467 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at approximately $208,000. Finally, LPL Financial LLC grew its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 3.1% in the third quarter. LPL Financial LLC now owns 81,058 shares of the financial services provider’s stock valued at $1,102,000 after purchasing an additional 2,418 shares during the period.

Shares of MUJ stock opened at $14.46 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1-year low of $10.65 and a 1-year high of $14.92. The stock has a 50 day simple moving average of $14.41 and a 200-day simple moving average of $14.08.

The business also recently declared a monthly dividend, which will be paid on Monday, February 1st. Investors of record on Friday, January 15th will be issued a $0.063 dividend. This represents a $0.76 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend is Thursday, January 14th.

In related news, Portfolio Manager Theodore R. Jaeckel, Jr. acquired 1,840 shares of the firm’s stock in a transaction on Tuesday, November 3rd. The shares were acquired at an average cost of $13.60 per share, with a total value of $25,024.00. Following the completion of the acquisition, the portfolio manager now directly owns 6,094 shares in the company, valued at approximately $82,878.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 1.00% 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.

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