Nuveen New York Quality Municipal Income Fund (NYSE:NAN) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.53 and traded as high as $11.77. Nuveen New York Quality Municipal Income Fund shares last traded at $11.73, with a volume of 32,263 shares changing hands.

Nuveen New York Quality Municipal Income Fund Trading Down 0.1 %

The firm’s 50-day moving average price is $11.41 and its 200-day moving average price is $11.53.

Nuveen New York Quality Municipal Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of 7.37%. The ex-dividend date is Friday, February 14th.

Institutional Trading of Nuveen New York Quality Municipal Income Fund

Several hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC grew its holdings in Nuveen New York Quality Municipal Income Fund by 0.7% during the 4th quarter. HighTower Advisors LLC now owns 195,071 shares of the financial services provider’s stock valued at $2,224,000 after purchasing an additional 1,400 shares during the last quarter. Stifel Financial Corp grew its holdings in Nuveen New York Quality Municipal Income Fund by 18.8% during the 3rd quarter. Stifel Financial Corp now owns 12,462 shares of the financial services provider’s stock valued at $147,000 after purchasing an additional 1,975 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Nuveen New York Quality Municipal Income Fund by 17.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 17,839 shares of the financial services provider’s stock valued at $203,000 after purchasing an additional 2,617 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Nuveen New York Quality Municipal Income Fund by 10.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 41,144 shares of the financial services provider’s stock valued at $469,000 after purchasing an additional 3,899 shares during the last quarter. Finally, PFG Investments LLC grew its holdings in Nuveen New York Quality Municipal Income Fund by 66.3% during the 4th quarter. PFG Investments LLC now owns 20,482 shares of the financial services provider’s stock valued at $233,000 after purchasing an additional 8,167 shares during the last quarter.

About Nuveen New York Quality Municipal Income Fund

Nuveen New York 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 New York. The fund invests in municipal bonds, with a rating of Baa or higher.