Janney Montgomery Scott LLC Has $233,000 Stock Position in Nuveen California Municipal Va (NYSE:NCA)

Janney Montgomery Scott LLC decreased its stake in Nuveen California Municipal Va (NYSE:NCA) by 9.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,925 shares of the company’s stock after selling 2,763 shares during the period. Janney Montgomery Scott LLC’s holdings in Nuveen California Municipal Va were worth $233,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of NCA. Atlas Private Wealth Advisors acquired a new stake in Nuveen California Municipal Va during the first quarter worth $283,000. Sweeney & Michel LLC acquired a new stake in Nuveen California Municipal Va during the first quarter worth $637,000. Cetera Investment Advisers boosted its stake in Nuveen California Municipal Va by 5.2% during the fourth quarter. Cetera Investment Advisers now owns 36,566 shares of the company’s stock worth $309,000 after buying an additional 1,802 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Nuveen California Municipal Va during the fourth quarter worth $342,000. Finally, Elequin Capital LP acquired a new stake in Nuveen California Municipal Va during the fourth quarter worth $39,000. Institutional investors and hedge funds own 21.46% of the company’s stock.

Nuveen California Municipal Va Trading Up 0.6%

NCA opened at $8.67 on Monday. Nuveen California Municipal Va has a fifty-two week low of $8.22 and a fifty-two week high of $9.23. The firm’s fifty day moving average price is $8.49 and its two-hundred day moving average price is $8.52.

Nuveen California Municipal Va Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be issued a dividend of $0.029 per share. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.01%.

About Nuveen California Municipal Va

Nuveen California Municipal Value 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. The fund invests primarily in municipal securities rated Baa/BBB or better.