Moody National Bank Trust Division Makes New Investment in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Moody National Bank Trust Division acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,587 shares of the financial services provider’s stock, valued at approximately $118,000.

A number of other large investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. purchased a new position in BlackRock MuniHoldings New Jersey Quality Fund in the 1st quarter valued at about $33,000. FMR LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the first quarter valued at approximately $41,000. Princeton Global Asset Management LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the first quarter valued at approximately $51,000. JPMorgan Chase & Co. acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth approximately $88,000. Finally, Nomura Holdings Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 1st quarter worth approximately $114,000. Institutional investors and hedge funds own 11.24% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.3 %

Shares of MUJ opened at $10.67 on Tuesday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $10.62 and a fifty-two week high of $12.59. The stock has a fifty day moving average of $10.98 and a two-hundred day moving average of $11.10.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be paid a $0.0375 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.45 annualized dividend and a yield of 4.22%.

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.