Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) Share Price Passes Above Fifty Day Moving Average of $14.26

Nuveen Municipal High Income Oppty Fund (NYSE:NMZ)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.26 and traded as high as $14.35. Nuveen Municipal High Income Oppty Fund shares last traded at $14.32, with a volume of 6,010 shares.

The business has a 50 day simple moving average of $14.25 and a two-hundred day simple moving average of $13.98.

The firm also recently declared a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Friday, October 11th.

Several institutional investors have recently modified their holdings of the business. Private Advisor Group LLC lifted its stake in shares of Nuveen Municipal High Income Oppty Fund by 7.9% during the 2nd quarter. Private Advisor Group LLC now owns 20,534 shares of the company’s stock worth $287,000 after purchasing an additional 1,500 shares during the period. Rehmann Capital Advisory Group purchased a new position in shares of Nuveen Municipal High Income Oppty Fund during the 1st quarter worth $26,000. Keybank National Association OH lifted its stake in shares of Nuveen Municipal High Income Oppty Fund by 11.0% during the 2nd quarter. Keybank National Association OH now owns 24,020 shares of the company’s stock worth $335,000 after purchasing an additional 2,376 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Nuveen Municipal High Income Oppty Fund by 1.0% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 248,321 shares of the company’s stock worth $3,467,000 after buying an additional 2,435 shares during the last quarter. Finally, Coastal Investment Advisors Inc. acquired a new stake in shares of Nuveen Municipal High Income Oppty Fund during the 2nd quarter worth $38,000.

Nuveen Municipal High Income Oppty Fund Company Profile (NYSE:NMZ)

Nuveen Municipal High Income Opportunity Fund is a closed-end 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 primarily invests in investment grade tax-exempt municipal securities.

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