Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP) Shares Sold by Cetera Advisors LLC

Cetera Advisors LLC reduced its stake in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP) by 34.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,991 shares of the financial services provider’s stock after selling 12,505 shares during the period. Cetera Advisors LLC owned approximately 0.06% of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd worth $319,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in NQP. Fiera Capital Corp lifted its position in Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 2.5% during the 4th quarter. Fiera Capital Corp now owns 156,637 shares of the financial services provider’s stock worth $2,216,000 after acquiring an additional 3,841 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 16.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 103,932 shares of the financial services provider’s stock valued at $1,471,000 after purchasing an additional 14,730 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 27.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 51,261 shares of the financial services provider’s stock worth $725,000 after purchasing an additional 11,041 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 28.8% during the fourth quarter. Stifel Financial Corp now owns 31,506 shares of the financial services provider’s stock worth $445,000 after purchasing an additional 7,036 shares during the period. Finally, Jacobi Capital Management LLC boosted its position in Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 8.4% in the first quarter. Jacobi Capital Management LLC now owns 30,161 shares of the financial services provider’s stock valued at $401,000 after buying an additional 2,350 shares during the last quarter. 16.37% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE NQP opened at $13.28 on Friday. The company has a 50 day simple moving average of $13.01 and a two-hundred day simple moving average of $13.82. Nuveen Pennsylvania Invsmt Qlty Mncpl Fd has a 12 month low of $11.01 and a 12 month high of $14.84.

The firm also recently announced a monthly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be issued a dividend of $0.0505 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.61 annualized dividend and a dividend yield of 4.56%.

About Nuveen Pennsylvania Invsmt Qlty Mncpl Fd

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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Institutional Ownership by Quarter for Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP)

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