Mackay Shields LLC Has $11.86 Million Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Mackay Shields LLC increased its position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,039,078 shares of the financial services provider’s stock after buying an additional 36,035 shares during the quarter. Mackay Shields LLC owned 1.92% of BlackRock MuniHoldings New Jersey Quality Fund worth $11,856,000 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 MUJ. Simon Quick Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter valued at about $179,000. J.W. Cole Advisors Inc. bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter valued at approximately $1,707,000. Breakwater Capital Group acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter worth approximately $236,000. Fort Point Capital Partners LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth approximately $164,000. Finally, Fiera Capital Corp boosted its stake in BlackRock MuniHoldings New Jersey Quality Fund by 2.4% in the 3rd quarter. Fiera Capital Corp now owns 810,727 shares of the financial services provider’s stock valued at $8,205,000 after buying an additional 19,170 shares in the last quarter. 15.13% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

BlackRock MuniHoldings New Jersey Quality Fund stock traded down $0.06 during mid-day trading on Thursday, hitting $11.08. 78,098 shares of the company were exchanged, compared to its average volume of 96,210. The business has a fifty day moving average of $11.44 and a 200 day moving average of $11.14. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1-year low of $9.73 and a 1-year high of $11.70.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date is Friday, April 12th.

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.