Dumont & Blake Investment Advisors LLC Sells 10,181 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Dumont & Blake Investment Advisors LLC cut its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 50.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,181 shares of the financial services provider’s stock after selling 10,181 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $123,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. lifted its position in BlackRock MuniHoldings New Jersey Quality Fund by 6.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 37,472 shares of the financial services provider’s stock valued at $429,000 after acquiring an additional 2,197 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 28.1% during the 3rd quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 4,353 shares during the last quarter. Wealth Effects LLC lifted its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 22.6% during the 2nd quarter. Wealth Effects LLC now owns 24,294 shares of the financial services provider’s stock worth $277,000 after acquiring an additional 4,474 shares during the last quarter. TriaGen Wealth Management LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth $121,000. Finally, Janney Montgomery Scott LLC lifted its stake in BlackRock MuniHoldings New Jersey Quality Fund by 81.2% in the first quarter. Janney Montgomery Scott LLC now owns 23,647 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 10,594 shares during the last quarter. 15.13% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

BlackRock MuniHoldings New Jersey Quality Fund stock opened at $11.76 on Friday. The firm has a fifty day simple moving average of $12.02 and a two-hundred day simple moving average of $11.60. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a twelve month low of $9.73 and a twelve month high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a $0.054 dividend. This is an increase from BlackRock MuniHoldings New Jersey Quality Fund’s previous monthly dividend of $0.05. This represents a $0.65 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.