Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) Share Price Passes Above Two Hundred Day Moving Average of $11.55

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP – Get Rating) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.55 and traded as high as $11.59. Nuveen Pennsylvania Quality Municipal Income Fund shares last traded at $11.58, with a volume of 53,238 shares traded.

Nuveen Pennsylvania Quality Municipal Income Fund Price Performance

The business has a 50-day simple moving average of $11.24 and a 200 day simple moving average of $11.55.

Nuveen Pennsylvania Quality Municipal Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Friday, January 13th will be given a $0.029 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend is Thursday, January 12th.

Institutional Trading of Nuveen Pennsylvania Quality Municipal Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Logan Stone Capital LLC raised its stake in Nuveen Pennsylvania Quality Municipal Income Fund by 39.3% during the 3rd quarter. Logan Stone Capital LLC now owns 58,176 shares of the financial services provider’s stock valued at $638,000 after purchasing an additional 16,403 shares during the period. Commonwealth Equity Services LLC raised its stake in Nuveen Pennsylvania Quality Municipal Income Fund by 5.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 83,357 shares of the financial services provider’s stock valued at $914,000 after purchasing an additional 4,646 shares during the period. MML Investors Services LLC raised its stake in Nuveen Pennsylvania Quality Municipal Income Fund by 57.4% during the 3rd quarter. MML Investors Services LLC now owns 29,911 shares of the financial services provider’s stock valued at $328,000 after purchasing an additional 10,911 shares during the period. Envestnet Asset Management Inc. bought a new stake in Nuveen Pennsylvania Quality Municipal Income Fund during the 3rd quarter valued at approximately $117,000. Finally, XML Financial LLC bought a new stake in Nuveen Pennsylvania Quality Municipal Income Fund during the 3rd quarter valued at approximately $531,000. Institutional investors own 13.14% of the company’s stock.

Nuveen Pennsylvania Quality Municipal Income Fund Company Profile

(Get Rating)

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.