BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ) Shares Cross Above 200-Day Moving Average of $14.11

BlackRock MuniHoldings New Jersey Ins Fn (NYSE:MUJ) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.11 and traded as high as $14.15. BlackRock MuniHoldings New Jersey Ins Fn shares last traded at $14.14, with a volume of 16,814 shares trading hands.

The company has a fifty day moving average price of $14.22 and a two-hundred day moving average price of $14.11.

Several hedge funds have recently bought and sold shares of the company. Mackay Shields LLC boosted its holdings in shares of BlackRock MuniHoldings New Jersey Ins Fn by 235.6% in the third quarter. Mackay Shields LLC now owns 558,453 shares of the financial services provider’s stock valued at $7,947,000 after acquiring an additional 392,046 shares during the period. Royal Bank of Canada boosted its holdings in shares of BlackRock MuniHoldings New Jersey Ins Fn by 4,730.3% in the second quarter. Royal Bank of Canada now owns 358,022 shares of the financial services provider’s stock valued at $4,991,000 after acquiring an additional 350,610 shares during the period. Bank of America Corp DE boosted its holdings in shares of BlackRock MuniHoldings New Jersey Ins Fn by 16.7% in the second quarter. Bank of America Corp DE now owns 132,725 shares of the financial services provider’s stock valued at $1,850,000 after acquiring an additional 19,018 shares during the period. LPL Financial LLC boosted its holdings in shares of BlackRock MuniHoldings New Jersey Ins Fn by 3.1% in the second quarter. LPL Financial LLC now owns 69,386 shares of the financial services provider’s stock valued at $967,000 after acquiring an additional 2,074 shares during the period. Finally, Sanders Morris Harris LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Ins Fn in the second quarter valued at approximately $833,000. 13.52% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings New Jersey Ins Fn Company Profile (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.

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