Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC lowered its holdings in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 6.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,235,916 shares of the company’s stock after selling 211,168 shares during the period. Nuveen Amt-Free Quality Municpl Incm Fnd makes up 1.9% of Rivernorth Capital Management LLC’s holdings, making the stock its 7th biggest holding. Rivernorth Capital Management LLC’s holdings in Nuveen Amt-Free Quality Municpl Incm Fnd were worth $44,688,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in NEA. First Allied Advisory Services Inc. acquired a new position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the first quarter valued at approximately $257,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 6.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 310,049 shares of the company’s stock valued at $4,142,000 after purchasing an additional 19,454 shares in the last quarter. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the first quarter valued at approximately $170,000. Parametric Portfolio Associates LLC grew its holdings in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 22.4% in the first quarter. Parametric Portfolio Associates LLC now owns 4,399,549 shares of the company’s stock valued at $58,778,000 after purchasing an additional 805,716 shares in the last quarter. Finally, Advisor Group Inc. grew its holdings in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 8.9% in the first quarter. Advisor Group Inc. now owns 198,378 shares of the company’s stock valued at $2,651,000 after purchasing an additional 16,289 shares in the last quarter.

Shares of NEA stock traded up $0.02 during trading on Friday, reaching $14.16. The company’s stock had a trading volume of 5,905 shares, compared to its average volume of 508,907. The stock’s 50-day moving average price is $14.27 and its 200 day moving average price is $13.70. Nuveen Amt-Free Quality Municpl Incm Fnd has a 1-year low of $12.03 and a 1-year high of $14.45.



The company also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be paid a $0.054 dividend. The ex-dividend date is Thursday, September 12th. This represents a $0.65 dividend on an annualized basis and a yield of 4.58%.

About Nuveen Amt-Free Quality Municpl Incm Fnd

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.

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Institutional Ownership by Quarter for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA)

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