Wells Fargo & Company MN Has $13.17 Million Stake in Nuveen New Jersey Dividend Advantg Mncpl (NXJ)

Wells Fargo & Company MN lifted its holdings in shares of Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) by 6.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,024,740 shares of the company’s stock after purchasing an additional 59,427 shares during the quarter. Wells Fargo & Company MN owned about 2.41% of Nuveen New Jersey Dividend Advantg Mncpl worth $13,168,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Round Table Services LLC acquired a new stake in shares of Nuveen New Jersey Dividend Advantg Mncpl during the third quarter worth $154,000. Mariner Investment Group LLC raised its position in shares of Nuveen New Jersey Dividend Advantg Mncpl by 6.2% in the 3rd quarter. Mariner Investment Group LLC now owns 70,080 shares of the company’s stock worth $901,000 after buying an additional 4,102 shares during the period. Aviance Capital Partners LLC purchased a new position in shares of Nuveen New Jersey Dividend Advantg Mncpl in the 2nd quarter worth $447,000. Private Advisor Group LLC purchased a new position in shares of Nuveen New Jersey Dividend Advantg Mncpl in the 2nd quarter worth $247,000. Finally, Fiera Capital Corp raised its position in shares of Nuveen New Jersey Dividend Advantg Mncpl by 28.8% in the 2nd quarter. Fiera Capital Corp now owns 179,000 shares of the company’s stock worth $2,336,000 after buying an additional 40,000 shares during the period.

Shares of NXJ opened at $12.95 on Friday. Nuveen New Jersey Dividend Advantg Mncpl has a twelve month low of $12.34 and a twelve month high of $13.84.

The company also recently announced a monthly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be given a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.00%. The ex-dividend date of this dividend is Thursday, December 13th.

COPYRIGHT VIOLATION NOTICE: This story was first posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another site, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this story can be read at https://www.americanbankingnews.com/2018/12/08/wells-fargo-company-mn-has-13-17-million-stake-in-nuveen-new-jersey-dividend-advantg-mncpl-nxj.html.

About Nuveen New Jersey Dividend Advantg Mncpl

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: What is a Roth IRA?

Institutional Ownership by Quarter for Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ)

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.

Leave a Reply