BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ) Shares Cross Above Two Hundred Day Moving Average of $14.37

Share on StockTwits

BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.37 and traded as high as $14.89. BlackRock MuniHoldings New Jersey Ins Fn shares last traded at $14.83, with a volume of 49,065 shares trading hands.

The company’s 50-day moving average price is $14.71 and its 200 day moving average price is $14.37.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 14th will be issued a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date is Thursday, February 13th.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Boenning & Scattergood Inc. purchased a new stake in BlackRock MuniHoldings New Jersey Ins Fn during the fourth quarter valued at approximately $144,000. Mackay Shields LLC boosted its stake in shares of BlackRock MuniHoldings New Jersey Ins Fn by 235.6% during the 3rd quarter. Mackay Shields LLC now owns 558,453 shares of the financial services provider’s stock worth $7,947,000 after acquiring an additional 392,046 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of BlackRock MuniHoldings New Jersey Ins Fn by 0.9% during the 4th quarter. Bank of America Corp DE now owns 132,202 shares of the financial services provider’s stock worth $1,897,000 after acquiring an additional 1,220 shares during the last quarter. Advisor Group Inc. grew its position in shares of BlackRock MuniHoldings New Jersey Ins Fn by 100.0% during the 4th quarter. Advisor Group Inc. now owns 2,000 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 1,000 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of BlackRock MuniHoldings New Jersey Ins Fn by 3.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 94,643 shares of the financial services provider’s stock valued at $1,358,000 after acquiring an additional 3,281 shares during the period. Institutional investors own 13.11% of the company’s stock.

About BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ)

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.

Featured Article: Google Finance Portfolio

Receive News & Ratings for BlackRock MuniHoldings New Jersey Ins Fn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniHoldings New Jersey Ins Fn and related companies with MarketBeat.com's FREE daily email newsletter.