Janney Montgomery Scott LLC Purchases Shares of 18,153 BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Janney Montgomery Scott LLC purchased a new stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 18,153 shares of the financial services provider’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds also recently modified their holdings of MUJ. TriaGen Wealth Management LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter valued at approximately $121,000. Private Advisor Group LLC lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 28.1% during the third quarter. Private Advisor Group LLC now owns 19,828 shares of the financial services provider’s stock valued at $241,000 after buying an additional 4,353 shares during the period. International Assets Investment Management LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the third quarter valued at approximately $13,530,000. J.W. Cole Advisors Inc. lifted 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 valued at $2,967,000 after buying an additional 42,196 shares during the period. Finally, Pine Valley Investments Ltd Liability Co lifted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 26,869 shares of the financial services provider’s stock valued at $327,000 after buying an additional 1,400 shares during the period. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

Shares of MUJ opened at $11.50 on Friday. The company’s 50 day simple moving average is $11.33 and its 200 day simple moving average is $11.69. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 1 year low of $10.97 and a 1 year high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a dividend yield of 5.63%. The ex-dividend date is Friday, February 14th.

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.