Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) Shares Sold by Robinson Capital Management LLC

Robinson Capital Management LLC lowered its holdings in shares of Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 329,419 shares of the company’s stock after selling 20,804 shares during the quarter. Robinson Capital Management LLC’s holdings in Nuveen New Jersey Dividend Advantg Mncpl were worth $4,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in NXJ. Wells Fargo & Company MN raised its holdings in Nuveen New Jersey Dividend Advantg Mncpl by 6.2% in the 3rd quarter. Wells Fargo & Company MN now owns 1,024,740 shares of the company’s stock worth $13,168,000 after acquiring an additional 59,427 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Nuveen New Jersey Dividend Advantg Mncpl by 590.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 50,766 shares of the company’s stock worth $652,000 after purchasing an additional 43,418 shares during the period. Tortoise Investment Management LLC increased its holdings in shares of Nuveen New Jersey Dividend Advantg Mncpl by 25.2% during the 3rd quarter. Tortoise Investment Management LLC now owns 39,747 shares of the company’s stock worth $511,000 after purchasing an additional 8,000 shares during the period. Sit Investment Associates Inc. increased its holdings in shares of Nuveen New Jersey Dividend Advantg Mncpl by 153.6% during the 4th quarter. Sit Investment Associates Inc. now owns 682,709 shares of the company’s stock worth $8,698,000 after purchasing an additional 413,531 shares during the period. Finally, Boenning & Scattergood Inc. increased its holdings in shares of Nuveen New Jersey Dividend Advantg Mncpl by 29.5% during the 4th quarter. Boenning & Scattergood Inc. now owns 30,785 shares of the company’s stock worth $392,000 after purchasing an additional 7,007 shares during the period.

Shares of NYSE:NXJ traded up $0.01 on Wednesday, hitting $13.58. 17,126 shares of the company were exchanged, compared to its average volume of 64,274. Nuveen New Jersey Dividend Advantg Mncpl has a one year low of $12.34 and a one year high of $13.88.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a dividend of $0.0545 per share. The ex-dividend date is Friday, April 12th. This represents a $0.65 annualized dividend and a dividend yield of 4.82%.

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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.

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

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