Melfa Wealth Management Inc. Sells 4,991 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Melfa Wealth Management Inc. trimmed its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,614 shares of the financial services provider’s stock after selling 4,991 shares during the period. Melfa Wealth Management Inc. owned 0.08% of BlackRock MuniHoldings New Jersey Quality Fund worth $483,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Strategic Advisors LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 3rd quarter worth $2,182,000. International Assets Investment Management LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 3rd quarter worth $13,530,000. J.W. Cole Advisors Inc. grew its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 20.9% during the third quarter. J.W. Cole Advisors Inc. now owns 244,565 shares of the financial services provider’s stock worth $2,967,000 after purchasing an additional 42,196 shares during the period. Breakwater Capital Group increased its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 69.2% in the fourth quarter. Breakwater Capital Group now owns 90,678 shares of the financial services provider’s stock valued at $1,004,000 after purchasing an additional 37,076 shares during the last quarter. Finally, Traphagen Investment Advisors LLC acquired a new position in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at about $123,000. 15.13% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

Shares of MUJ opened at $11.37 on Wednesday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1 year low of $10.97 and a 1 year high of $12.24. The stock’s 50-day moving average price is $11.44 and its two-hundred day moving average price is $11.70.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.