Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP - Get Free Report)'s share price 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 changing hands.
Nuveen Pennsylvania Quality Municipal Income Fund Price Performance
The business's fifty day moving average price is $11.13 and its 200 day moving average price is $11.28.
Nuveen Pennsylvania Quality Municipal Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a $0.078 dividend. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.94 annualized dividend and a yield of 8.40%.
Hedge Funds Weigh In On Nuveen Pennsylvania Quality Municipal Income Fund
Institutional investors and hedge funds have recently made changes to their positions in the stock. Elequin Capital LP acquired a new position in shares of Nuveen Pennsylvania Quality Municipal Income Fund during the 4th quarter worth $57,000. Baird Financial Group Inc. boosted its position in shares of Nuveen Pennsylvania Quality Municipal Income Fund by 48.1% in the 4th quarter. Baird Financial Group Inc. now owns 50,745 shares of the financial services provider's stock worth $567,000 after buying an additional 16,474 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Nuveen Pennsylvania Quality Municipal Income Fund by 15.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 16,453 shares of the financial services provider's stock worth $184,000 after buying an additional 2,237 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Nuveen Pennsylvania Quality Municipal Income Fund in the 4th quarter worth about $692,000. Finally, CF Capital LLC purchased a new stake in shares of Nuveen Pennsylvania Quality Municipal Income Fund in the 4th quarter worth about $813,000. 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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