BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.24 and traded as high as $12.15. BlackRock MuniHoldings New Jersey Quality Fund shares last traded at $12.1250, with a volume of 251,668 shares changing hands.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.9%

The business’s fifty day moving average is $11.73 and its two-hundred day moving average is $11.24.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were given a dividend of $0.054 per share. The ex-dividend date was Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

Hedge Funds Weigh In On BlackRock MuniHoldings New Jersey Quality Fund

Hedge funds have recently added to or reduced their stakes in the company. Nomura Holdings Inc. bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 2nd quarter worth about $110,000. Janney Montgomery Scott LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the second quarter worth approximately $113,000. Advisory Services Network LLC bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter worth approximately $133,000. Susquehanna International Group LLP acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at approximately $134,000. Finally, Prestige Wealth Management Group LLC bought a new position in BlackRock MuniHoldings New Jersey Quality Fund in the third quarter valued at approximately $159,000. Institutional investors own 15.13% of the company’s stock.

About BlackRock MuniHoldings New Jersey Quality Fund

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.