Nuveen New York Quality Municipal Income Fund (NYSE:NAN) Stock Passes Above 200 Day Moving Average of $10.95

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.95 and traded as high as $11.32. Nuveen New York Quality Municipal Income Fund shares last traded at $11.30, with a volume of 40,064 shares.

Nuveen New York Quality Municipal Income Fund Stock Performance

The company’s 50-day moving average price is $11.08 and its two-hundred day moving average price is $10.95.

Nuveen New York Quality Municipal Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Monday, July 15th will be given a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of 7.65%. The ex-dividend date is Monday, July 15th.

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

Large investors have recently modified their holdings of the company. Kingswood Wealth Advisors LLC acquired a new stake in shares of Nuveen New York Quality Municipal Income Fund during the fourth quarter worth $121,000. Opal Wealth Advisors LLC acquired a new stake in shares of Nuveen New York Quality Municipal Income Fund during the second quarter worth $123,000. OMNI 360 Wealth Inc. acquired a new stake in Nuveen New York Quality Municipal Income Fund in the fourth quarter worth $264,000. Raymond James & Associates grew its holdings in Nuveen New York Quality Municipal Income Fund by 4.9% in the fourth quarter. Raymond James & Associates now owns 33,216 shares of the financial services provider’s stock worth $367,000 after purchasing an additional 1,537 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in Nuveen New York Quality Municipal Income Fund by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 37,872 shares of the financial services provider’s stock worth $415,000 after purchasing an additional 972 shares during the period.

About Nuveen New York Quality Municipal Income Fund

Nuveen New York 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 municipal bonds, with a rating of Baa or higher.