HighTower Advisors LLC Purchases 4,000 Shares of Nuveen California Municipal Va $NCA

HighTower Advisors LLC grew its position in shares of Nuveen California Municipal Va (NYSE:NCA) by 20.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 24,000 shares of the company’s stock after acquiring an additional 4,000 shares during the quarter. HighTower Advisors LLC owned about 0.07% of Nuveen California Municipal Va worth $208,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NCA. Wedbush Securities Inc. boosted its stake in Nuveen California Municipal Va by 4.7% during the first quarter. Wedbush Securities Inc. now owns 26,964 shares of the company’s stock worth $233,000 after buying an additional 1,200 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Nuveen California Municipal Va by 5.2% in the 4th quarter. Cetera Investment Advisers now owns 36,566 shares of the company’s stock worth $309,000 after acquiring an additional 1,802 shares during the last quarter. Olde Wealth Management LLC bought a new stake in shares of Nuveen California Municipal Va in the 1st quarter worth about $26,000. Elequin Capital LP bought a new stake in shares of Nuveen California Municipal Va in the 4th quarter worth about $39,000. Finally, Mutual Advisors LLC lifted its holdings in shares of Nuveen California Municipal Va by 48.5% in the 1st quarter. Mutual Advisors LLC now owns 27,850 shares of the company’s stock worth $233,000 after acquiring an additional 9,098 shares during the last quarter. 21.46% of the stock is currently owned by institutional investors.

Nuveen California Municipal Va Trading Down 0.2%

NCA stock opened at $8.52 on Friday. The business’s fifty day simple moving average is $8.54 and its two-hundred day simple moving average is $8.52. Nuveen California Municipal Va has a twelve month low of $8.22 and a twelve month high of $9.23.

Nuveen California Municipal Va Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th will be paid a $0.029 dividend. The ex-dividend date is Monday, September 15th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.