Avantax Advisory Services Inc. Purchases 9,762 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Avantax Advisory Services Inc. grew its position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 43.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,063 shares of the financial services provider’s stock after purchasing an additional 9,762 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.06% of BlackRock MuniHoldings New Jersey Quality Fund worth $355,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wolverine Asset Management LLC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at $69,000. Traphagen Investment Advisors LLC acquired a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at about $123,000. Oppenheimer & Co. Inc. bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth about $178,000. Janney Montgomery Scott LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth approximately $201,000. Finally, Sanctuary Advisors LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter valued at approximately $237,000. 15.13% of the stock is currently owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

NYSE:MUJ opened at $11.33 on Tuesday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a fifty-two week low of $10.97 and a fifty-two week high of $12.24. The company has a 50 day simple moving average of $11.44 and a two-hundred day simple moving average of $11.62.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date is Friday, March 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.