Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ - Get Free Report) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Investors of record on Monday, April 15th will be given a dividend of 0.0425 per share by the investment management company on Wednesday, May 1st. This represents a $0.51 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date is Friday, April 12th.
Nuveen Arizona Quality Municipal Income Fund Trading Up 0.6 %
Shares of NAZ traded up $0.07 during midday trading on Wednesday, hitting $10.94. The stock had a trading volume of 74,458 shares, compared to its average volume of 17,165. Nuveen Arizona Quality Municipal Income Fund has a 1 year low of $9.22 and a 1 year high of $11.28. The stock's 50 day moving average is $10.90 and its 200 day moving average is $10.43.
Hedge Funds Weigh In On Nuveen Arizona Quality Municipal Income Fund
Several hedge funds and other institutional investors have recently modified their holdings of NAZ. Morgan Stanley grew its stake in Nuveen Arizona Quality Municipal Income Fund by 0.9% in the 4th quarter. Morgan Stanley now owns 196,347 shares of the investment management company's stock valued at $2,191,000 after acquiring an additional 1,767 shares during the period. LPL Financial LLC grew its stake in Nuveen Arizona Quality Municipal Income Fund by 2.7% in the 2nd quarter. LPL Financial LLC now owns 155,966 shares of the investment management company's stock valued at $2,003,000 after acquiring an additional 4,063 shares during the period. UBS Group AG grew its stake in Nuveen Arizona Quality Municipal Income Fund by 31.0% in the 4th quarter. UBS Group AG now owns 64,213 shares of the investment management company's stock valued at $717,000 after acquiring an additional 15,207 shares during the period. Commonwealth Equity Services LLC grew its stake in Nuveen Arizona Quality Municipal Income Fund by 6.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 42,396 shares of the investment management company's stock valued at $479,000 after acquiring an additional 2,421 shares during the period. Finally, Bank of America Corp DE grew its stake in Nuveen Arizona Quality Municipal Income Fund by 5.4% in the 1st quarter. Bank of America Corp DE now owns 26,927 shares of the investment management company's stock valued at $366,000 after acquiring an additional 1,383 shares during the period. 15.28% of the stock is owned by hedge funds and other institutional investors.
About Nuveen Arizona Quality Municipal Income Fund
(
Get Free Report)
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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