Nuveen California Quality Municipal Income Fund (NYSE:NAC) Share Price Crosses Below Fifty Day Moving Average of $10.98

Nuveen California Quality Municipal Income Fund (NYSE:NAC) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.98 and traded as low as $10.67. Nuveen California Quality Municipal Income Fund shares last traded at $10.78, with a volume of 337,843 shares traded.

Nuveen California Quality Municipal Income Fund Stock Performance

The firm has a 50 day moving average price of $10.98 and a two-hundred day moving average price of $10.62.

Nuveen California Quality Municipal Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a $0.049 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.59 annualized dividend and a dividend yield of 5.45%.

Institutional Trading of Nuveen California Quality Municipal Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Resurgent Financial Advisors LLC acquired a new stake in shares of Nuveen California Quality Municipal Income Fund in the fourth quarter worth $25,000. Blue Bell Private Wealth Management LLC acquired a new stake in shares of Nuveen California Quality Municipal Income Fund in the fourth quarter worth $38,000. Global Retirement Partners LLC acquired a new stake in shares of Nuveen California Quality Municipal Income Fund in the fourth quarter worth $40,000. Captrust Financial Advisors acquired a new stake in shares of Nuveen California Quality Municipal Income Fund in the second quarter worth $91,000. Finally, Northwest Financial Advisors acquired a new stake in shares of Nuveen California Quality Municipal Income Fund in the fourth quarter worth $93,000.

About Nuveen California Quality Municipal Income Fund

Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.