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

Shares of Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 0.1 %

The firm’s 50-day moving average price is $11.04 and its 200-day moving average price is $11.01.

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

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.069 dividend. This represents a $0.83 annualized dividend and a dividend yield of 7.61%. The ex-dividend date of this dividend is Friday, November 15th.

Institutional Investors Weigh In On Nuveen New York AMT-Free Quality Municipal Income Fund

Several large investors have recently made changes to their positions in NRK. Wolverine Asset Management LLC bought a new position in Nuveen New York AMT-Free Quality Municipal Income Fund during the 3rd quarter valued at $64,000. Private Advisor Group LLC boosted its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 8.8% during the 3rd quarter. Private Advisor Group LLC now owns 17,300 shares of the financial services provider’s stock valued at $194,000 after acquiring an additional 1,398 shares during the last quarter. Clear Creek Financial Management LLC lifted its position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 29.2% in the 3rd quarter. Clear Creek Financial Management LLC now owns 16,800 shares of the financial services provider’s stock worth $188,000 after buying an additional 3,800 shares during the last quarter. PFG Investments LLC lifted its position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 28.2% in the 3rd quarter. PFG Investments LLC now owns 139,794 shares of the financial services provider’s stock worth $1,566,000 after buying an additional 30,778 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC bought a new position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the 2nd quarter worth about $150,000.

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.