Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.86 and traded as high as $12.49. Nuveen Arizona Quality Municipal Income Fund shares last traded at $12.38, with a volume of 22,804 shares changing hands.
Nuveen Arizona Quality Municipal Income Fund Stock Up 0.0 %
The company's fifty day simple moving average is $11.95 and its two-hundred day simple moving average is $11.88.
Nuveen Arizona Quality Municipal Income Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.0725 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.87 annualized dividend and a yield of 6.99%.
Hedge Funds Weigh In On Nuveen Arizona Quality Municipal Income Fund
Several institutional investors and hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN boosted its stake in shares of Nuveen Arizona Quality Municipal Income Fund by 7.2% in the fourth quarter. Wells Fargo & Company MN now owns 144,093 shares of the investment management company's stock valued at $1,639,000 after buying an additional 9,618 shares during the period. Brooklyn FI LLC acquired a new position in Nuveen Arizona Quality Municipal Income Fund in the 4th quarter valued at $954,000. Raymond James Financial Inc. bought a new stake in shares of Nuveen Arizona Quality Municipal Income Fund during the 4th quarter valued at $472,000. Stifel Financial Corp grew its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 54.1% during the 4th quarter. Stifel Financial Corp now owns 38,208 shares of the investment management company's stock worth $435,000 after purchasing an additional 13,419 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Nuveen Arizona Quality Municipal Income Fund by 12.7% in the fourth quarter. LPL Financial LLC now owns 31,390 shares of the investment management company's stock worth $357,000 after purchasing an additional 3,530 shares during the period. 15.28% of the stock is currently owned by institutional investors and hedge funds.
About Nuveen Arizona Quality Municipal Income Fund
(
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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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