Nuveen California Municipal Va (NYSE:NCA - Get Free Report)'s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.19 and traded as low as $8.97. Nuveen California Municipal Va shares last traded at $9.03, with a volume of 160,732 shares changing hands.
Nuveen California Municipal Va Price Performance
The business's 50-day moving average price is $9.19 and its 200-day moving average price is $9.28.
Nuveen California Municipal Va Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a $0.03 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, August 14th.
Hedge Funds Weigh In On Nuveen California Municipal Va
Several institutional investors and hedge funds have recently bought and sold shares of the company. HighTower Advisors LLC lifted its holdings in shares of Nuveen California Municipal Va by 4.2% during the 4th quarter. HighTower Advisors LLC now owns 27,511 shares of the company's stock valued at $246,000 after purchasing an additional 1,111 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of Nuveen California Municipal Va by 6.0% in the 4th quarter. D.A. Davidson & CO. now owns 29,347 shares of the company's stock worth $263,000 after purchasing an additional 1,650 shares in the last quarter. Wedbush Securities Inc. grew its stake in Nuveen California Municipal Va by 5.9% during the 4th quarter. Wedbush Securities Inc. now owns 35,764 shares of the company's stock worth $320,000 after buying an additional 2,000 shares during the last quarter. Ieq Capital LLC grew its stake in Nuveen California Municipal Va by 19.0% during the 4th quarter. Ieq Capital LLC now owns 15,000 shares of the company's stock worth $134,000 after buying an additional 2,390 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in Nuveen California Municipal Va by 2.3% during the 3rd quarter. Raymond James Financial Inc. now owns 141,178 shares of the company's stock valued at $1,256,000 after buying an additional 3,132 shares in the last quarter. 21.46% of the stock is owned by hedge funds and other institutional investors.
Nuveen California Municipal Va Company Profile
(
Get Free Report)
Nuveen California Municipal Value Fund, Inc NYSE: NCA is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.
The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Nuveen California Municipal Va, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen California Municipal Va wasn't on the list.
While Nuveen California Municipal Va currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
