Nuveen New York Quality Municipal Income Fund (NYSE:NAN) Share Price Passes Above 200-Day Moving Average of $10.61

Nuveen New York Quality Municipal Income Fund (NYSE:NAN)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.61 and traded as high as $10.79. Nuveen New York Quality Municipal Income Fund shares last traded at $10.78, with a volume of 101,991 shares changing hands.

Nuveen New York Quality Municipal Income Fund Stock Up 1.0 %

The firm’s fifty day moving average is $10.84 and its two-hundred day moving average is $10.61.

Nuveen New York Quality Municipal Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.0485 per share. This represents a $0.58 annualized dividend and a dividend yield of 5.40%. The ex-dividend date is Tuesday, May 14th.

Hedge Funds Weigh In On Nuveen New York Quality Municipal Income Fund

A number of institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its position in Nuveen New York Quality Municipal Income Fund by 2.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 37,872 shares of the financial services provider’s stock valued at $415,000 after acquiring an additional 972 shares in the last quarter. Raymond James & Associates grew its stake in Nuveen New York Quality Municipal Income Fund by 4.9% in the fourth quarter. Raymond James & Associates now owns 33,216 shares of the financial services provider’s stock worth $367,000 after purchasing an additional 1,537 shares during the period. Shufro Rose & Co. LLC raised its holdings in Nuveen New York Quality Municipal Income Fund by 61.9% in the third quarter. Shufro Rose & Co. LLC now owns 17,000 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 6,500 shares in the last quarter. HighTower Advisors LLC lifted its position in Nuveen New York Quality Municipal Income Fund by 3.5% during the third quarter. HighTower Advisors LLC now owns 223,092 shares of the financial services provider’s stock valued at $2,152,000 after buying an additional 7,627 shares during the period. Finally, Wolverine Asset Management LLC bought a new stake in shares of Nuveen New York Quality Municipal Income Fund during the 3rd quarter valued at $74,000.

Nuveen New York Quality Municipal Income Fund Company Profile

Nuveen New York 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 New York. The fund invests in municipal bonds, with a rating of Baa or higher.