Shares of Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.30 and traded as high as $11.93. Nuveen Arizona Quality Municipal Income Fund shares last traded at $11.92, with a volume of 24,515 shares trading hands.
Nuveen Arizona Quality Municipal Income Fund Price Performance
The stock has a 50 day moving average price of $11.76 and a two-hundred day moving average price of $11.30.
Nuveen Arizona Quality Municipal Income Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a $0.0725 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date of this dividend is Tuesday, October 15th.
Institutional Trading of Nuveen Arizona Quality Municipal Income Fund
Several hedge funds have recently added to or reduced their stakes in NAZ. Blue Bell Private Wealth Management LLC acquired a new stake in Nuveen Arizona Quality Municipal Income Fund during the 2nd quarter worth $34,000. Commonwealth Equity Services LLC raised its stake in Nuveen Arizona Quality Municipal Income Fund by 4.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 26,762 shares of the investment management company's stock worth $299,000 after buying an additional 1,052 shares during the period. Whitebox Advisors LLC acquired a new stake in Nuveen Arizona Quality Municipal Income Fund during the 2nd quarter worth $405,000. Cetera Advisors LLC raised its stake in Nuveen Arizona Quality Municipal Income Fund by 1.5% during the 1st quarter. Cetera Advisors LLC now owns 94,537 shares of the investment management company's stock worth $1,038,000 after buying an additional 1,372 shares during the period. Finally, Cetera Investment Advisers raised its stake in 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 worth $1,114,000 after buying an additional 1,072 shares during the period. Institutional investors and hedge funds own 15.28% of the company's stock.
About Nuveen Arizona Quality Municipal Income Fund
(
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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