Next Capital Management LLC Has $690,000 Holdings in Nuveen New York Dividend Advntg Mncpl Fd (NAN)

Next Capital Management LLC raised its stake in Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN) by 249.0% during the first quarter, Holdings Channel reports. The institutional investor owned 51,554 shares of the financial services provider’s stock after acquiring an additional 36,781 shares during the period. Next Capital Management LLC’s holdings in Nuveen New York Dividend Advntg Mncpl Fd were worth $690,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advisor Group Inc. lifted its stake in shares of Nuveen New York Dividend Advntg Mncpl Fd by 175.5% in the 4th quarter. Advisor Group Inc. now owns 5,869 shares of the financial services provider’s stock valued at $72,000 after purchasing an additional 3,739 shares during the period. Tompkins Financial Corp acquired a new position in Nuveen New York Dividend Advntg Mncpl Fd during the 1st quarter worth approximately $141,000. Janney Montgomery Scott LLC raised its stake in Nuveen New York Dividend Advntg Mncpl Fd by 3.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 22,129 shares of the financial services provider’s stock worth $296,000 after buying an additional 824 shares during the period. Dakota Wealth Management raised its stake in Nuveen New York Dividend Advntg Mncpl Fd by 237.9% during the 4th quarter. Dakota Wealth Management now owns 65,975 shares of the financial services provider’s stock worth $808,000 after buying an additional 46,450 shares during the period. Finally, PenderFund Capital Management Ltd. raised its stake in Nuveen New York Dividend Advntg Mncpl Fd by 6.7% during the 4th quarter. PenderFund Capital Management Ltd. now owns 240,000 shares of the financial services provider’s stock worth $2,940,000 after buying an additional 15,000 shares during the period.

NAN stock opened at $13.72 on Tuesday. Nuveen New York Dividend Advntg Mncpl Fd has a fifty-two week low of $12.02 and a fifty-two week high of $13.72.



The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.048 per share. This represents a $0.58 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Tuesday, May 14th.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by Dakota Financial News and is owned by of Dakota Financial News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://dakotafinancialnews.com/2019/05/14/next-capital-management-llc-has-690000-holdings-in-nuveen-new-york-dividend-advntg-mncpl-fd-nan.html.

Nuveen New York Dividend Advntg Mncpl Fd Profile

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.

Recommended Story: What is Green Investing?

Want to see what other hedge funds are holding NAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN).

Institutional Ownership by Quarter for Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN)

Receive News & Ratings for Nuveen New York Dividend Advntg Mncpl Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen New York Dividend Advntg Mncpl Fd and related companies with MarketBeat.com's FREE daily email newsletter.