Shares of Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.00 and traded as high as $12.31. Nuveen Arizona Quality Municipal Income Fund shares last traded at $12.26, with a volume of 21,535 shares.
Nuveen Arizona Quality Municipal Income Fund Price Performance
The stock's 50-day moving average is $12.35 and its 200-day moving average is $12.01.
Nuveen Arizona Quality Municipal Income Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a $0.0725 dividend. This represents a $0.87 annualized dividend and a dividend yield of 7.08%. The ex-dividend date is Friday, March 14th.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in NAZ. Brooklyn FI LLC bought a new position in Nuveen Arizona Quality Municipal Income Fund during the 4th quarter valued at $954,000. Ameriflex Group Inc. bought a new position in Nuveen Arizona Quality Municipal Income Fund during the fourth quarter valued at about $53,000. Western Wealth Management LLC boosted its position in shares of Nuveen Arizona Quality Municipal Income Fund by 2.5% during the 4th quarter. Western Wealth Management LLC now owns 40,876 shares of the investment management company's stock valued at $465,000 after purchasing an additional 987 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Nuveen Arizona Quality Municipal Income Fund by 1.8% during the fourth quarter. Cetera Investment Advisers now owns 103,389 shares of the investment management company's stock worth $1,176,000 after buying an additional 1,787 shares in the last quarter. Finally, Stifel Financial Corp grew its holdings 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 worth $435,000 after acquiring an additional 13,419 shares during the last quarter. Institutional investors and hedge funds 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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