LPL Financial LLC Purchases 92,090 Shares of Nuveen California Municipal Va $NCA

LPL Financial LLC increased its holdings in shares of Nuveen California Municipal Va (NYSE:NCA) by 45.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 294,124 shares of the company’s stock after buying an additional 92,090 shares during the quarter. LPL Financial LLC owned 0.89% of Nuveen California Municipal Va worth $2,544,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NCA. Raymond James Financial Inc. bought a new stake in shares of Nuveen California Municipal Va in the fourth quarter worth about $1,107,000. Bank of America Corp DE grew its position in shares of Nuveen California Municipal Va by 34.8% in the 4th quarter. Bank of America Corp DE now owns 163,651 shares of the company’s stock valued at $1,383,000 after purchasing an additional 42,216 shares during the period. Citadel Advisors LLC bought a new stake in Nuveen California Municipal Va during the 4th quarter worth approximately $198,000. Cetera Investment Advisers increased its stake in Nuveen California Municipal Va by 5.2% during the 4th quarter. Cetera Investment Advisers now owns 36,566 shares of the company’s stock worth $309,000 after purchasing an additional 1,802 shares in the last quarter. Finally, Investor s Fiduciary Advisor Network LLC acquired a new stake in Nuveen California Municipal Va during the 4th quarter worth approximately $85,000. 21.46% of the stock is currently owned by institutional investors.

Nuveen California Municipal Va Price Performance

Shares of NCA opened at $8.51 on Tuesday. Nuveen California Municipal Va has a twelve month low of $8.22 and a twelve month high of $9.23. The firm’s 50 day moving average price is $8.53 and its two-hundred day moving average price is $8.53.

Nuveen California Municipal Va Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a $0.029 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, August 15th.

Nuveen California Municipal Va Profile

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.