Nuveen Select Maturities Municipal Fund (NYSE:NIM - Get Free Report)'s share price traded down 0.3% during trading on Wednesday . The stock traded as low as $9.08 and last traded at $9.10. 11,893 shares traded hands during trading, a decline of 35% from the average session volume of 18,311 shares. The stock had previously closed at $9.12.
Nuveen Select Maturities Municipal Fund Trading Down 0.1%
The company has a 50-day moving average of $9.09 and a 200 day moving average of $9.11.
Nuveen Select Maturities Municipal Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a dividend of $0.0275 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Friday, August 15th.
Hedge Funds Weigh In On Nuveen Select Maturities Municipal Fund
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Schwarz Dygos Wheeler Investment Advisors LLC lifted its position in shares of Nuveen Select Maturities Municipal Fund by 3.7% during the 2nd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 39,945 shares of the company's stock worth $362,000 after buying an additional 1,421 shares during the period. Stratos Wealth Partners LTD. raised its position in Nuveen Select Maturities Municipal Fund by 17.6% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 16,700 shares of the company's stock valued at $151,000 after purchasing an additional 2,500 shares during the last quarter. IFP Advisors Inc raised its position in Nuveen Select Maturities Municipal Fund by 38.1% in the 1st quarter. IFP Advisors Inc now owns 9,601 shares of the company's stock valued at $89,000 after purchasing an additional 2,647 shares during the last quarter. Uhlmann Price Securities LLC raised its position in Nuveen Select Maturities Municipal Fund by 3.8% in the 2nd quarter. Uhlmann Price Securities LLC now owns 78,981 shares of the company's stock valued at $716,000 after purchasing an additional 2,914 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Nuveen Select Maturities Municipal Fund by 16.6% in the 4th quarter. Ameriprise Financial Inc. now owns 21,050 shares of the company's stock valued at $183,000 after purchasing an additional 3,000 shares during the last quarter. Institutional investors own 32.23% of the company's stock.
About Nuveen Select Maturities Municipal Fund
(
Get Free Report)
Nuveen Select Maturities Municipal 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 the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.
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