Nuveen New York Quality Municipal Income Fund (NAN) to Issue Monthly Dividend of $0.07 on December 31st

by · The Cerbat Gem

Nuveen New York Quality Municipal Income Fund (NYSE:NAN – Get Free Report) declared a monthly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be given a dividend of 0.072 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen New York Quality Municipal Income Fund Stock Performance

NAN traded down $0.06 during midday trading on Friday, reaching $11.46. 63,809 shares of the company’s stock were exchanged, compared to its average volume of 68,354. The business’s 50-day moving average price is $11.52 and its 200 day moving average price is $11.34. Nuveen New York Quality Municipal Income Fund has a 1-year low of $10.69 and a 1-year high of $11.89.

Institutional Investors Weigh In On Nuveen New York Quality Municipal Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of NAN. Olde Wealth Management LLC purchased a new position in Nuveen New York Quality Municipal Income Fund during the third quarter worth $367,000. Kingsview Wealth Management LLC purchased a new stake in shares of Nuveen New York Quality Municipal Income Fund in the third quarter valued at $154,000. Avestar Capital LLC boosted its stake in shares of Nuveen New York Quality Municipal Income Fund by 9.4% during the third quarter. Avestar Capital LLC now owns 37,084 shares of the financial services provider’s stock valued at $427,000 after acquiring an additional 3,200 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Nuveen New York Quality Municipal Income Fund by 4.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 43,503 shares of the financial services provider’s stock worth $497,000 after purchasing an additional 2,044 shares in the last quarter. Finally, PFG Investments LLC increased its position in Nuveen New York Quality Municipal Income Fund by 28.6% during the 3rd quarter. PFG Investments LLC now owns 28,528 shares of the financial services provider’s stock worth $326,000 after purchasing an additional 6,350 shares in the last quarter.

About Nuveen New York Quality Municipal Income Fund

(Get Free Report)

Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in municipal bonds, with a rating of Baa or higher.

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