Commonwealth Equity Services LLC Sells 3,969 Shares of Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ)

Commonwealth Equity Services LLC decreased its holdings in Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) by 12.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,125 shares of the company’s stock after selling 3,969 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Nuveen New Jersey Dividend Advantg Mncpl were worth $385,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NXJ. Fiera Capital Corp purchased a new position in Nuveen New Jersey Dividend Advantg Mncpl in the first quarter worth $3,456,000. J.W. Cole Advisors Inc. bought a new position in Nuveen New Jersey Dividend Advantg Mncpl in the 2nd quarter worth about $3,037,000. RMB Capital Management LLC purchased a new position in Nuveen New Jersey Dividend Advantg Mncpl in the 2nd quarter worth about $3,010,000. Robinson Capital Management LLC increased its position in shares of Nuveen New Jersey Dividend Advantg Mncpl by 42.3% during the 2nd quarter. Robinson Capital Management LLC now owns 584,890 shares of the company’s stock valued at $7,779,000 after purchasing an additional 173,743 shares during the last quarter. Finally, Matisse Capital increased its holdings in Nuveen New Jersey Dividend Advantg Mncpl by 727.7% in the 2nd quarter. Matisse Capital now owns 169,233 shares of the company’s stock worth $2,242,000 after acquiring an additional 148,786 shares in the last quarter.

NYSE NXJ opened at $13.70 on Wednesday. The stock has a 50 day moving average price of $13.83 and a 200-day moving average price of $13.45. Nuveen New Jersey Dividend Advantg Mncpl has a one year low of $10.83 and a one year high of $15.18.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a $0.056 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date is Monday, September 14th.

Nuveen New Jersey Dividend Advantg Mncpl Company Profile

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.

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

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