Nuveen New Jersey Dividend Advantg Mncpl (NXJ) Reaches New 12-Month High at $13.65

Shares of Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $13.65 and last traded at $13.64, with a volume of 100 shares traded. The stock had previously closed at $13.63.

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be given a $0.0545 dividend. This represents a $0.65 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Thursday, March 14th.

Several institutional investors and hedge funds have recently modified their holdings of the company. Millennium Management LLC bought a new position in shares of Nuveen New Jersey Dividend Advantg Mncpl in the fourth quarter valued at about $197,000. Commonwealth Equity Services LLC raised its position in shares of Nuveen New Jersey Dividend Advantg Mncpl by 38.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 22,723 shares of the company’s stock valued at $289,000 after purchasing an additional 6,321 shares during the period. Private Advisor Group LLC bought a new position in shares of Nuveen New Jersey Dividend Advantg Mncpl in the fourth quarter valued at about $234,000. National Asset Management Inc. raised its position in shares of Nuveen New Jersey Dividend Advantg Mncpl by 16.9% in the fourth quarter. National Asset Management Inc. now owns 33,309 shares of the company’s stock valued at $425,000 after purchasing an additional 4,806 shares during the period. Finally, Tortoise Investment Management LLC raised its position in shares of Nuveen New Jersey Dividend Advantg Mncpl by 69.4% in the fourth quarter. Tortoise Investment Management LLC now owns 67,324 shares of the company’s stock valued at $858,000 after purchasing an additional 27,577 shares during the period.

WARNING: “Nuveen New Jersey Dividend Advantg Mncpl (NXJ) Reaches New 12-Month High at $13.65” was originally published by WKRB News and is the sole property of of WKRB News. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.wkrb13.com/2019/03/15/nuveen-new-jersey-dividend-advantg-mncpl-nxj-reaches-new-12-month-high-at-13-65.html.

About Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ)

Nuveen New Jersey Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better.

Featured Story: How is the discount rate different from the Federal Funds rate?

Receive News & Ratings for Nuveen New Jersey Dividend Advantg Mncpl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen New Jersey Dividend Advantg Mncpl and related companies with MarketBeat.com's FREE daily email newsletter.