Matisse Capital Sells 68,431 Shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NQP)

Share on StockTwits

Matisse Capital trimmed its holdings in Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP) by 73.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,828 shares of the financial services provider’s stock after selling 68,431 shares during the period. Matisse Capital owned about 0.07% of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Mariner Investment Group LLC bought a new position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd in the second quarter valued at $159,000. Aviance Capital Partners LLC bought a new position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd in the second quarter valued at $468,000. Wells Fargo & Company MN lifted its position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 19.5% during the second quarter. Wells Fargo & Company MN now owns 800,810 shares of the financial services provider’s stock valued at $10,114,000 after purchasing an additional 130,777 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd during the second quarter valued at about $944,000. Finally, PenderFund Capital Management Ltd. bought a new position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd during the third quarter valued at about $1,245,000. 11.31% of the stock is currently owned by hedge funds and other institutional investors.

NQP opened at $12.18 on Wednesday. Nuveen Pennsylvania Invsmt Qlty Mncpl Fd has a fifty-two week low of $12.14 and a fifty-two week high of $13.63.

The company also recently declared a monthly dividend, which will be paid on Thursday, November 1st. Investors of record on Monday, October 15th will be given a dividend of $0.047 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Friday, October 12th.

Nuveen Pennsylvania Invsmt Qlty Mncpl Fd Profile

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

Featured Story: Book Value Of Equity Per Share – BVPS Explained

Institutional Ownership by Quarter for Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP)

Receive News & Ratings for Nuveen Pennsylvania Invsmt Qlty Mncpl Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Pennsylvania Invsmt Qlty Mncpl Fd and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply