Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.02 and traded as high as $11.18. Nuveen New York AMT-Free Quality Municipal Income Fund shares last traded at $10.91, with a volume of 157,991 shares traded.

Nuveen New York AMT-Free Quality Municipal Income Fund Stock Down 0.0 %

The firm’s 50-day moving average is $11.05 and its two-hundred day moving average is $11.02.

Nuveen New York AMT-Free Quality Municipal Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.069 per share. This represents a $0.83 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date of this dividend is Friday, November 15th.

Institutional Trading of Nuveen New York AMT-Free Quality Municipal Income Fund

A number of institutional investors have recently bought and sold shares of NRK. Wolverine Asset Management LLC acquired a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the 3rd quarter valued at $64,000. Leisure Capital Management grew its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 24.8% in the 2nd quarter. Leisure Capital Management now owns 12,583 shares of the financial services provider’s stock valued at $140,000 after buying an additional 2,500 shares during the period. Clear Creek Financial Management LLC acquired a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the 2nd quarter valued at $144,000. Mill Creek Capital Advisors LLC acquired a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the 2nd quarter valued at $150,000. Finally, GoalVest Advisory LLC acquired a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the 3rd quarter valued at $168,000.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free 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 undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.