LPL Financial LLC increased its stake in shares of Nuveen California Municipal Va (NYSE:NCA - Free Report) by 45.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 294,124 shares of the company's stock after acquiring an additional 92,090 shares during the quarter. LPL Financial LLC owned about 0.89% of Nuveen California Municipal Va worth $2,544,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of NCA. Wedbush Securities Inc. raised its stake in shares of Nuveen California Municipal Va by 4.7% in the first quarter. Wedbush Securities Inc. now owns 26,964 shares of the company's stock valued at $233,000 after acquiring an additional 1,200 shares during the period. Cetera Investment Advisers grew its position in shares of Nuveen California Municipal Va by 5.2% in the 4th quarter. Cetera Investment Advisers now owns 36,566 shares of the company's stock worth $309,000 after buying an additional 1,802 shares during the last quarter. Olde Wealth Management LLC purchased a new position in shares of Nuveen California Municipal Va in the 1st quarter worth approximately $26,000. Elequin Capital LP acquired a new stake in Nuveen California Municipal Va in the 4th quarter worth approximately $39,000. Finally, Mutual Advisors LLC boosted its stake in Nuveen California Municipal Va by 48.5% in the 1st quarter. Mutual Advisors LLC now owns 27,850 shares of the company's stock worth $233,000 after purchasing an additional 9,098 shares in the last quarter. Institutional investors own 21.46% of the company's stock.
Nuveen California Municipal Va Stock Performance
NCA traded up $0.0140 during trading on Friday, reaching $8.4540. 137,305 shares of the company's stock were exchanged, compared to its average volume of 60,159. Nuveen California Municipal Va has a 1 year low of $8.22 and a 1 year high of $9.23. The company's fifty day simple moving average is $8.53 and its 200-day simple moving average is $8.53.
Nuveen California Municipal Va Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a dividend of $0.029 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, August 15th.
About Nuveen California Municipal Va
(
Free Report)
Nuveen California Municipal Value 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 California. The fund invests primarily in municipal securities rated Baa/BBB or better.
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