Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.06 and traded as high as $12.14. Nuveen Arizona Quality Municipal Income Fund shares last traded at $12.08, with a volume of 14,255 shares changing hands.
Nuveen Arizona Quality Municipal Income Fund Price Performance
The company's 50-day moving average is $11.99 and its two-hundred day moving average is $12.07.
Nuveen Arizona Quality Municipal Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a dividend of $0.0725 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.87 dividend on an annualized basis and a yield of 7.29%.
Institutional Trading of Nuveen Arizona Quality Municipal Income Fund
Institutional investors have recently modified their holdings of the company. Brooklyn FI LLC bought a new stake in shares of Nuveen Arizona Quality Municipal Income Fund in the 4th quarter worth approximately $954,000. Ameriflex Group Inc. purchased a new stake in shares of Nuveen Arizona Quality Municipal Income Fund during the fourth quarter valued at $53,000. Western Wealth Management LLC lifted its holdings in shares of 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 valued at $465,000 after purchasing an additional 987 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of 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 valued at $1,176,000 after purchasing an additional 1,787 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 54.1% during the fourth 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 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
(
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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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