BlackRock MuniHoldings New Jersey Ins Fn (MUJ) Stake Lessened by RMB Capital Management LLC

RMB Capital Management LLC lessened its stake in BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ) by 52.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,638 shares of the financial services provider’s stock after selling 154,935 shares during the quarter. RMB Capital Management LLC’s holdings in BlackRock MuniHoldings New Jersey Ins Fn were worth $1,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of MUJ. Girard Partners LTD. purchased a new position in shares of BlackRock MuniHoldings New Jersey Ins Fn in the 3rd quarter worth about $100,000. Bell Rock Capital LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Ins Fn in the 3rd quarter worth about $136,000. Virtu Financial LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Ins Fn in the 4th quarter worth about $148,000. Private Advisor Group LLC raised its position in shares of BlackRock MuniHoldings New Jersey Ins Fn by 52.7% in the 3rd quarter. Private Advisor Group LLC now owns 16,236 shares of the financial services provider’s stock worth $204,000 after purchasing an additional 5,600 shares during the last quarter. Finally, Edge Wealth Management LLC raised its position in shares of BlackRock MuniHoldings New Jersey Ins Fn by 143.0% in the 4th quarter. Edge Wealth Management LLC now owns 41,075 shares of the financial services provider’s stock worth $517,000 after purchasing an additional 24,175 shares during the last quarter. 12.27% of the stock is owned by hedge funds and other institutional investors.

In other BlackRock MuniHoldings New Jersey Ins Fn news, insider Peter Hayes sold 5,500 shares of the business’s stock in a transaction dated Wednesday, December 26th. The stock was sold at an average price of $12.40, for a total value of $68,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Theodore R. Jaeckel, Jr. sold 3,549 shares of the business’s stock in a transaction dated Monday, December 31st. The stock was sold at an average price of $12.50, for a total value of $44,362.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 17,549 shares of company stock valued at $218,543. 1.00% of the stock is owned by insiders.

MUJ opened at $13.30 on Friday. BlackRock MuniHoldings New Jersey Ins Fn has a 1 year low of $12.25 and a 1 year high of $13.48.

The business also recently declared a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be given a $0.0525 dividend. This represents a $0.63 annualized dividend and a dividend yield of 4.74%. The ex-dividend date of this dividend is Thursday, March 14th.

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BlackRock MuniHoldings New Jersey Ins Fn Profile

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.

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Institutional Ownership by Quarter for BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ)

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