Categories: Insider Trading News

Nuveen New Jersey High quality Municipal Revenue Fund sees $607,310 in inventory gross sales


In current transactions reported by the Securities and Change Fee, Saba Capital Administration, L.P., and Boaz Weinstein, each vital stakeholders, disclosed gross sales of shares within the Nuveen New Jersey High quality Municipal Revenue Fund (NYSE:NXJ). On January 21 and 22, a complete of 49,875 shares have been bought, amounting to roughly $607,310. The shares have been bought at costs starting from $12.17 to $12.21, close to the fund’s present buying and selling worth of $12.01. Following these transactions, the entire shares owned by the reporting events stood at 4,896,497. The $500 million market cap fund at the moment presents a gorgeous 7.76% dividend yield and has maintained dividend funds for 25 consecutive years, in keeping with InvestingPro information. For traders all for dividend sustainability evaluation and extra insights, InvestingPro presents 5 extra key tips on NXJ’s monetary well being and valuation metrics.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.

admin

Share
Published by
admin

Recent Posts

What to know this week

Shares limped into the weekend as a string of financial knowledge sparked issues about slower-than-expected…

1 hour ago

Fed-Favored Inflation Gauge Is Set to Ease to Seven-Month Low

(Bloomberg) -- The Federal Reserve’s most well-liked inflation metric is predicted to chill to the…

17 hours ago

Bessent says financial partnership will defend Ukrainians and US taxpayers

(Reuters) - An financial partnership between Ukraine and the U.S. would profit each nations, U.S.…

19 hours ago

How the Economic system Carried out Beneath Every President

Shutterstock / Shutterstock.com The economic system is large, complicated and tough for most individuals to…

22 hours ago

As shopper delinquencies rise, U.S. financial progress more and more powered by the rich

Consumers in Walnut Creek, Calif., on Dec. 16, 2024. Most official information continues to point…

22 hours ago

Elon Musk desires to audit the Fed. Is that a good suggestion?

The Federal Reserve constructing in Washington, DC. - Joshua Roberts/Reuters/File Elon Musk is eager on…

23 hours ago