Edge Wealth Management LLC Has $901,000 Position in Nuveen New Jersey Dividend Advantg Mncpl (NXJ)

Edge Wealth Management LLC reduced its position in shares of Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) by 18.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,965 shares of the company’s stock after selling 15,338 shares during the period. Edge Wealth Management LLC owned approximately 0.15% of Nuveen New Jersey Dividend Advantg Mncpl worth $901,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its holdings in Nuveen New Jersey Dividend Advantg Mncpl by 17.3% during the third quarter. Wells Fargo & Company MN now owns 760,597 shares of the company’s stock worth $10,442,000 after acquiring an additional 111,963 shares during the period. Sit Investment Associates Inc. increased its stake in Nuveen New Jersey Dividend Advantg Mncpl by 10.1% in the 4th quarter. Sit Investment Associates Inc. now owns 246,278 shares of the company’s stock worth $3,373,000 after purchasing an additional 22,520 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Nuveen New Jersey Dividend Advantg Mncpl by 7.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 123,288 shares of the company’s stock worth $1,689,000 after purchasing an additional 8,727 shares in the last quarter. Deschutes Portfolio Strategy LLC increased its stake in Nuveen New Jersey Dividend Advantg Mncpl by 5.3% in the 3rd quarter. Deschutes Portfolio Strategy LLC now owns 483,351 shares of the company’s stock worth $6,636,000 after purchasing an additional 24,177 shares in the last quarter. Finally, Laurion Capital Management LP purchased a new position in Nuveen New Jersey Dividend Advantg Mncpl in the 2nd quarter worth about $431,000.

Shares of Nuveen New Jersey Dividend Advantg Mncpl (NXJ) traded down $0.02 on Friday, reaching $13.18. The company had a trading volume of 73,866 shares, compared to its average volume of 101,752. Nuveen New Jersey Dividend Advantg Mncpl has a 1 year low of $12.95 and a 1 year high of $14.04.

The business also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 5.28%.

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Nuveen New Jersey Dividend Advantg Mncpl Profile

Nuveen New Jersey Quality Municipal Income Fund, formerly Nuveen New Jersey Dividend Advantage Municipal Fund, is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from both regular federal and New Jersey income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain the United States territories.

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

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