Commonwealth Equity Services LLC Decreases Stake in Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

Commonwealth Equity Services LLC cut its holdings in shares of Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) by 6.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,238 shares of the investment management company’s stock after selling 3,069 shares during the period. Commonwealth Equity Services LLC’s holdings in Nuveen Intermediate Duration Munpl Tm Fd were worth $634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new position in shares of Nuveen Intermediate Duration Munpl Tm Fd during the second quarter valued at approximately $149,000. Ackerman Capital Advisors LLC purchased a new position in shares of Nuveen Intermediate Duration Munpl Tm Fd during the second quarter valued at approximately $238,000. LPL Financial LLC increased its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 40.0% during the second quarter. LPL Financial LLC now owns 26,749 shares of the investment management company’s stock valued at $359,000 after buying an additional 7,644 shares during the period. BB&T Securities LLC increased its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 3.0% during the third quarter. BB&T Securities LLC now owns 34,375 shares of the investment management company’s stock valued at $470,000 after buying an additional 1,017 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 115.6% during the second quarter. Steward Partners Investment Advisory LLC now owns 63,060 shares of the investment management company’s stock valued at $846,000 after buying an additional 33,811 shares during the period.

NID opened at $13.61 on Tuesday. Nuveen Intermediate Duration Munpl Tm Fd has a 52-week low of $12.13 and a 52-week high of $13.93. The stock’s 50 day moving average price is $13.74 and its 200-day moving average price is $13.55.

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be paid a $0.043 dividend. The ex-dividend date is Thursday, November 14th. This represents a $0.52 annualized dividend and a yield of 3.79%.

About Nuveen Intermediate Duration Munpl Tm Fd

Nuveen Intermediate Duration Municipal Term Fund is a close 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 fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

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Institutional Ownership by Quarter for Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

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