Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.04 and traded as high as $12.06. Nuveen Arizona Quality Municipal Income Fund shares last traded at $11.71, with a volume of 22,178 shares traded.
Nuveen Arizona Quality Municipal Income Fund Price Performance
The firm has a 50 day moving average of $12.28 and a 200-day moving average of $12.04.
Nuveen Arizona Quality Municipal Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be issued a $0.0725 dividend. This represents a $0.87 annualized dividend and a yield of 7.47%. The ex-dividend date is Tuesday, April 15th.
Institutional Investors Weigh In On Nuveen Arizona Quality Municipal Income Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ameriflex Group Inc. acquired a new position in shares of Nuveen Arizona Quality Municipal Income Fund during the 4th quarter worth $53,000. Western Wealth Management LLC raised its stake in Nuveen Arizona Quality Municipal Income Fund by 2.5% during the fourth quarter. Western Wealth Management LLC now owns 40,876 shares of the investment management company's stock worth $465,000 after acquiring an additional 987 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 1.8% in the fourth quarter. Cetera Investment Advisers now owns 103,389 shares of the investment management company's stock worth $1,176,000 after acquiring an additional 1,787 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of Nuveen Arizona Quality Municipal Income Fund by 54.1% in the 4th quarter. Stifel Financial Corp now owns 38,208 shares of the investment management company's stock valued at $435,000 after purchasing an additional 13,419 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Nuveen Arizona Quality Municipal Income Fund during the 4th quarter valued at approximately $472,000. 15.28% of the stock is currently owned by institutional investors.
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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