Virtu Financial LLC Makes New $224,000 Investment in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Virtu Financial LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,230 shares of the financial services provider’s stock, valued at approximately $224,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MUJ. Avantax Advisory Services Inc. increased its position in BlackRock MuniHoldings New Jersey Quality Fund by 43.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 32,063 shares of the financial services provider’s stock worth $355,000 after buying an additional 9,762 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 23.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 47,296 shares of the financial services provider’s stock worth $524,000 after acquiring an additional 8,832 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter valued at about $201,000. Raymond James Financial Inc. bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at approximately $3,387,000. Finally, Noble Wealth Management PBC acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter worth approximately $388,000. Institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.1 %

Shares of BlackRock MuniHoldings New Jersey Quality Fund stock opened at $11.21 on Friday. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 12-month low of $10.97 and a 12-month high of $12.24. The stock has a 50 day moving average price of $11.44 and a two-hundred day moving average price of $11.61.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a dividend yield of 5.78%. The ex-dividend date is Friday, March 14th.

BlackRock MuniHoldings New Jersey Quality Fund 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.