Nuveen Arizona Quality Municipal Income Fund (NAZ) to Issue Monthly Dividend of $0.06 on December 1st

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.0620 per share by the investment management company on Tuesday, December 1st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, November 13th.

Nuveen Arizona Quality Municipal Income Fund Stock Up 0.3%

Nuveen Arizona Quality Municipal Income Fund stock opened at $10.59 on Wednesday. The firm’s fifty day moving average is $11.17 and its 200 day moving average is $12.11. Nuveen Arizona Quality Municipal Income Fund has a 52-week low of $10.18 and a 52-week high of $13.42.

Institutional Trading of Nuveen Arizona Quality Municipal Income Fund

Several hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers increased its stake in Nuveen Arizona Quality Municipal Income Fund by 1.5% during the first quarter. Cetera Investment Advisers now owns 101,300 shares of the investment management company’s stock worth $1,215,000 after acquiring an additional 1,542 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Nuveen Arizona Quality Municipal Income Fund in the 2nd quarter valued at approximately $662,000. Bank of America Corp DE purchased a new position in shares of Nuveen Arizona Quality Municipal Income Fund in the 2nd quarter worth approximately $635,000. Kingswood Wealth Advisors LLC boosted its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 10.2% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 40,000 shares of the investment management company’s stock worth $423,000 after purchasing an additional 3,700 shares during the period. Finally, Diversify Wealth Management LLC increased its position in shares of Nuveen Arizona Quality Municipal Income Fund by 36.5% during the 1st quarter. Diversify Wealth Management LLC now owns 28,036 shares of the investment management company’s stock valued at $353,000 after purchasing an additional 7,500 shares during the last quarter. 15.28% of the stock is currently owned by hedge funds and other institutional investors.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company designed to provide current income that is exempt from regular federal income tax and Arizona state income tax. The fund invests primarily in municipal securities issued by or on behalf of Arizona state and local governments, as well as related public authorities.

Its portfolio may include tax-exempt bonds used to finance public infrastructure and essential services, such as schools, transportation systems, utilities, health care facilities and other governmental projects.