Private Advisor Group LLC purchased a new stake in shares of Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 18,376 shares of the company’s stock, valued at approximately $234,000.

Other hedge funds also recently made changes to their positions in the company. Boenning & Scattergood Inc. raised its position in Nuveen New Jersey Dividend Advantg Mncpl by 29.5% during the fourth quarter. Boenning & Scattergood Inc. now owns 30,785 shares of the company’s stock valued at $392,000 after acquiring an additional 7,007 shares in the last quarter. Sit Investment Associates Inc. raised its position in Nuveen New Jersey Dividend Advantg Mncpl by 153.6% during the fourth quarter. Sit Investment Associates Inc. now owns 682,709 shares of the company’s stock valued at $8,698,000 after acquiring an additional 413,531 shares in the last quarter. Wells Fargo & Company MN raised its position in Nuveen New Jersey Dividend Advantg Mncpl by 6.2% during the third quarter. Wells Fargo & Company MN now owns 1,024,740 shares of the company’s stock valued at $13,168,000 after acquiring an additional 59,427 shares in the last quarter. National Asset Management Inc. purchased a new position in Nuveen New Jersey Dividend Advantg Mncpl during the third quarter valued at approximately $367,000. Finally, CWM LLC raised its position in Nuveen New Jersey Dividend Advantg Mncpl by 183.8% during the fourth quarter. CWM LLC now owns 4,987 shares of the company’s stock valued at $64,000 after acquiring an additional 3,230 shares in the last quarter.

Shares of NXJ stock opened at $13.56 on Friday. Nuveen New Jersey Dividend Advantg Mncpl has a twelve month low of $12.34 and a twelve month high of $13.65.

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

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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.

See Also: Average Daily Trade Volume – ADTV

Want to see what other hedge funds are holding NXJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ).

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

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