Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.28 and traded as high as $11.28. Nuveen Pennsylvania Quality Municipal Income Fund shares last traded at $11.23, with a volume of 91,337 shares traded.
Nuveen Pennsylvania Quality Municipal Income Fund Stock Down 0.8%
The firm's 50-day moving average price is $11.13 and its two-hundred day moving average price is $11.28.
Nuveen Pennsylvania Quality Municipal Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a dividend of $0.078 per share. This represents a $0.94 annualized dividend and a yield of 8.40%. The ex-dividend date is Tuesday, July 15th.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Costello Asset Management INC purchased a new position in Nuveen Pennsylvania Quality Municipal Income Fund during the 1st quarter valued at about $30,000. Elequin Capital LP acquired a new stake in shares of Nuveen Pennsylvania Quality Municipal Income Fund during the fourth quarter worth approximately $57,000. Jane Street Group LLC purchased a new position in Nuveen Pennsylvania Quality Municipal Income Fund during the fourth quarter valued at approximately $134,000. Cambridge Investment Research Advisors Inc. increased its stake in Nuveen Pennsylvania Quality Municipal Income Fund by 19.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 12,814 shares of the financial services provider's stock valued at $144,000 after buying an additional 2,097 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new stake in Nuveen Pennsylvania Quality Municipal Income Fund in the 4th quarter worth approximately $145,000. 30.58% of the stock is owned by institutional investors and hedge funds.
Nuveen Pennsylvania Quality Municipal Income Fund Company Profile
(
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Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.
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