Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Stock Crosses Above 200 Day Moving Average of $10.96

Shares of Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.96 and traded as high as $11.19. Nuveen New York AMT-Free Quality Municipal Income Fund shares last traded at $11.18, with a volume of 290,503 shares traded.

Nuveen New York AMT-Free Quality Municipal Income Fund Trading Up 0.2 %

The stock’s 50-day moving average is $11.11 and its 200 day moving average is $10.96.

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

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be paid a $0.069 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date is Friday, September 13th.

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

Institutional investors have recently made changes to their positions in the company. Mill Creek Capital Advisors LLC bought a new stake in Nuveen New York AMT-Free Quality Municipal Income Fund in the second quarter worth $150,000. TIAA Trust National Association bought a new stake in Nuveen New York AMT-Free Quality Municipal Income Fund during the second quarter worth approximately $182,000. Leisure Capital Management grew its holdings in Nuveen New York AMT-Free Quality Municipal Income Fund by 24.8% during the second quarter. Leisure Capital Management now owns 12,583 shares of the financial services provider’s stock valued at $140,000 after purchasing an additional 2,500 shares during the last quarter. Breakwater Capital Group acquired a new position in Nuveen New York AMT-Free Quality Municipal Income Fund in the 2nd quarter valued at $502,000. Finally, Clear Creek Financial Management LLC acquired a new stake in shares of Nuveen New York AMT-Free Quality Municipal Income Fund in the second quarter valued at about $144,000.

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.