Nuveen Intermediate Duration Munpl Tm Fd (NID) Shares Bought by Punch & Associates Investment Management Inc.

Punch & Associates Investment Management Inc. boosted its position in shares of Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) by 8.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 386,906 shares of the investment management company’s stock after purchasing an additional 31,655 shares during the quarter. Punch & Associates Investment Management Inc.’s holdings in Nuveen Intermediate Duration Munpl Tm Fd were worth $4,860,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NID. City of London Investment Management Co. Ltd. boosted its position in Nuveen Intermediate Duration Munpl Tm Fd by 277.0% during the first quarter. City of London Investment Management Co. Ltd. now owns 80,155 shares of the investment management company’s stock worth $1,012,000 after purchasing an additional 58,895 shares in the last quarter. Wells Fargo & Company MN boosted its position in Nuveen Intermediate Duration Munpl Tm Fd by 9.8% during the fourth quarter. Wells Fargo & Company MN now owns 597,295 shares of the investment management company’s stock worth $7,759,000 after purchasing an additional 53,389 shares in the last quarter. Tortoise Investment Management LLC purchased a new stake in Nuveen Intermediate Duration Munpl Tm Fd during the first quarter worth $599,000. Sei Investments Co. boosted its position in Nuveen Intermediate Duration Munpl Tm Fd by 2,414.5% during the first quarter. Sei Investments Co. now owns 27,710 shares of the investment management company’s stock worth $348,000 after purchasing an additional 26,608 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Nuveen Intermediate Duration Munpl Tm Fd during the fourth quarter worth $265,000.

Shares of NYSE:NID opened at $12.43 on Thursday. Nuveen Intermediate Duration Munpl Tm Fd has a 52-week low of $12.10 and a 52-week high of $13.77.

The company also recently announced a monthly dividend, which will be paid on Monday, July 2nd. Investors of record on Friday, June 15th will be paid a dividend of $0.0425 per share. This represents a $0.51 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date of this dividend is Thursday, June 14th.

Nuveen Intermediate Duration Munpl Tm Fd Profile

Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

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Institutional Ownership by Quarter for Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

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