BlackRock MuniHoldings New Jersey Quality Fund, Inc. $MUJ Shares Purchased by Fiera Capital Corp

Fiera Capital Corp boosted its position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 51.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 394,623 shares of the financial services provider’s stock after acquiring an additional 134,600 shares during the period. Fiera Capital Corp’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $4,696,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MUJ. Bank of America Corp DE grew its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 7.6% during the second quarter. Bank of America Corp DE now owns 449,183 shares of the financial services provider’s stock worth $4,919,000 after purchasing an additional 31,816 shares in the last quarter. Closed End Fund Advisors Inc. acquired 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% during the 4th 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 in the last quarter. David J Yvars Group purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at about $166,000. Finally, Prestige Wealth Management Group LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth about $159,000. 15.13% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.6%

Shares of MUJ opened at $12.35 on Wednesday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52-week low of $10.66 and a 52-week high of $12.68. The stock 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 business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.054 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock MuniHoldings New Jersey Quality Fund Profile

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.