Avantax Advisory Services Inc. Increases Stock Position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Avantax Advisory Services Inc. raised its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 10.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,283 shares of the financial services provider’s stock after purchasing an additional 3,220 shares during the period. Avantax Advisory Services Inc. owned 0.07% of BlackRock MuniHoldings New Jersey Quality Fund worth $397,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Elequin Capital LP bought a new position in BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter valued at approximately $82,000. Citadel Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth approximately $116,000. Nuveen Asset Management LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at approximately $128,000. Carnegie Lake Advisors LLC grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 9.2% in the first quarter. Carnegie Lake Advisors LLC now owns 11,814 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Traphagen Investment Advisors LLC increased its position in BlackRock MuniHoldings New Jersey Quality Fund by 11.5% in the first quarter. Traphagen Investment Advisors LLC now owns 12,339 shares of the financial services provider’s stock worth $139,000 after purchasing an additional 1,271 shares during the last quarter. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Trading Up 0.6%

MUJ stock opened at $10.96 on Thursday. The company has a fifty day simple moving average of $10.86 and a two-hundred day simple moving average of $11.10. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $10.50 and a 52 week high of $12.24.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be given a dividend of $0.054 per share. The ex-dividend date is Friday, August 15th. This represents a c) dividend on an annualized basis and a yield of 5.9%.

BlackRock MuniHoldings New Jersey Quality Fund Company 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.