Fiera Capital Corp Boosts Stock Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. $MUJ

Fiera Capital Corp raised its stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 51.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 394,623 shares of the financial services provider’s stock after purchasing an additional 134,600 shares during the quarter. Fiera Capital Corp’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $4,696,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MUJ. Bank of America Corp DE boosted its holdings in 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 in the last quarter. Closed End Fund Advisors Inc. purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth about $256,000. Breakwater Capital Group boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund by 9.8% in the fourth quarter. Breakwater Capital Group now owns 213,392 shares of the financial services provider’s stock worth $2,539,000 after acquiring an additional 18,994 shares during the last quarter. David J Yvars Group purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at $166,000. Finally, Prestige Wealth Management Group LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the third quarter valued at about $159,000. Institutional investors and hedge funds own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

MUJ opened at $12.35 on Wednesday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1 year low of $10.66 and a 1 year high of $12.68. The firm has a 50 day moving average price of $12.06 and a 200 day moving average price of $12.11.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.054 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

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.