Oppenheimer & Co. Inc. Has $156,000 Position in Nuveen AMT-Free Municipal Credit Income (NVG)

Oppenheimer & Co. Inc. reduced its stake in shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 46.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,721 shares of the company’s stock after selling 9,423 shares during the period. Oppenheimer & Co. Inc.’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $156,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in NVG. Oxbow Advisors LLC bought a new position in Nuveen AMT-Free Municipal Credit Income during the 2nd quarter worth $14,452,000. Ibex Wealth Advisors bought a new position in Nuveen AMT-Free Municipal Credit Income during the 1st quarter worth $1,623,000. Landscape Capital Management L.L.C. raised its position in Nuveen AMT-Free Municipal Credit Income by 246.5% during the 1st quarter. Landscape Capital Management L.L.C. now owns 147,042 shares of the company’s stock worth $2,134,000 after purchasing an additional 104,607 shares during the last quarter. SG Americas Securities LLC bought a new position in Nuveen AMT-Free Municipal Credit Income during the 2nd quarter worth $1,191,000. Finally, OTA Financial Group L.P. bought a new position in Nuveen AMT-Free Municipal Credit Income during the 2nd quarter worth $950,000.

Shares of Nuveen AMT-Free Municipal Credit Income stock opened at $14.94 on Friday. Nuveen AMT-Free Municipal Credit Income has a 1-year low of $14.06 and a 1-year high of $15.74.

The firm also recently declared a monthly dividend, which will be paid on Monday, October 1st. Shareholders of record on Friday, September 14th will be issued a dividend of $0.0655 per share. This is an increase from Nuveen AMT-Free Municipal Credit Income’s previous monthly dividend of $0.07. This represents a $0.79 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Thursday, September 13th.

Nuveen AMT-Free Municipal Credit Income Company Profile

Nuveen AMT-Free Municipal Credit 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 the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years.

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Institutional Ownership by Quarter for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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