Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.37 and traded as high as $11.85. Nuveen Arizona Quality Municipal Income Fund shares last traded at $11.81, with a volume of 20,285 shares trading hands.
Nuveen Arizona Quality Municipal Income Fund Stock Down 1.4 %
The stock has a 50 day moving average of $11.76 and a two-hundred day moving average of $11.38.
Nuveen Arizona Quality Municipal Income Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $0.0725 per share. The ex-dividend date is Friday, November 15th. This represents a $0.87 annualized dividend and a yield of 7.47%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers increased its position in shares of Nuveen Arizona Quality Municipal Income Fund by 1.1% during the 2nd quarter. Cetera Investment Advisers now owns 99,843 shares of the investment management company's stock valued at $1,114,000 after purchasing an additional 1,072 shares during the period. Whitebox Advisors LLC bought a new position in shares of Nuveen Arizona Quality Municipal Income Fund in the second quarter worth about $405,000. Blue Bell Private Wealth Management LLC acquired a new stake in Nuveen Arizona Quality Municipal Income Fund during the second quarter worth about $34,000. Commonwealth Equity Services LLC boosted its holdings in Nuveen Arizona Quality Municipal Income Fund by 4.1% during the second quarter. Commonwealth Equity Services LLC now owns 26,762 shares of the investment management company's stock valued at $299,000 after purchasing an additional 1,052 shares in the last quarter. Finally, Cetera Advisors LLC boosted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 1.5% in the 1st quarter. Cetera Advisors LLC now owns 94,537 shares of the investment management company's stock worth $1,038,000 after acquiring an additional 1,372 shares in the last quarter. Hedge funds and other institutional investors own 15.28% of the company's stock.
Nuveen Arizona Quality Municipal Income Fund Company Profile
(
Get Free Report)
Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.
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