Advisors Asset Management Inc. lessened its position in shares of Blackrock New Jersey Municipal Bond Trst (NYSEAMERICAN:BLJ) by 18.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,892 shares of the investment management company’s stock after selling 7,928 shares during the period. Advisors Asset Management Inc. owned approximately 1.54% of Blackrock New Jersey Municipal Bond Trst worth $534,000 at the end of the most recent reporting period.
Shares of Blackrock New Jersey Municipal Bond Trst (NYSEAMERICAN:BLJ) traded down $0.19 during midday trading on Tuesday, hitting $14.52. The stock had a trading volume of 1,600 shares, compared to its average volume of 4,064. Blackrock New Jersey Municipal Bond Trst has a 52 week low of $14.21 and a 52 week high of $16.21.
The business also recently announced a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Tuesday, December 12th will be given a $0.0615 dividend. This represents a $0.74 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Monday, December 11th.
BlackRock New Jersey Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income tax and New Jersey gross income tax. It seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may subject to the federal alternative minimum tax) and New Jersey gross income taxes.
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