Nuveen New York Quality Municipal Income Fund (NAN) To Go Ex-Dividend on July 15th

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.068 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen New York Quality Municipal Income Fund Price Performance

Shares of NYSE NAN opened at $11.77 on Friday. Nuveen New York Quality Municipal Income Fund has a 1-year low of $10.79 and a 1-year high of $11.80. The business’s 50 day moving average is $11.49 and its two-hundred day moving average is $11.42.

Insider Buying and Selling at Nuveen New York Quality Municipal Income Fund

In related news, major shareholder Of America Corp /De/ Bank purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average price of $11.28 per share, for a total transaction of $33,840.00. Following the acquisition, the insider owned 3,000 shares of the company’s stock, valued at approximately $33,840. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. raised its stake in shares of Nuveen New York Quality Municipal Income Fund by 83.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 320,552 shares of the financial services provider’s stock valued at $3,609,000 after acquiring an additional 146,182 shares during the period. Indivisible Partners bought a new position in Nuveen New York Quality Municipal Income Fund during the 4th quarter valued at about $3,559,000. HighTower Advisors LLC raised its position in Nuveen New York Quality Municipal Income Fund by 0.7% in the 4th quarter. HighTower Advisors LLC now owns 196,236 shares of the financial services provider’s stock worth $2,210,000 after purchasing an additional 1,423 shares during the period. Ashton Thomas Securities LLC purchased a new stake in Nuveen New York Quality Municipal Income Fund in the 1st quarter worth about $1,857,000. Finally, Westwood Wealth Management bought a new stake in Nuveen New York Quality Municipal Income Fund in the fourth quarter worth about $717,000.

About Nuveen New York Quality Municipal Income Fund

The Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York State income taxes. The Fund invests principally in a portfolio of investment-grade municipal obligations issued by or on behalf of the State of New York and its political subdivisions. Through its focus on tax-exempt securities, NAN is designed to offer investors an attractive yield advantage relative to taxable alternatives in the New York market.

The Fund’s portfolio is comprised primarily of general obligation and revenue bonds issued by state and local governments, authorities, agencies and instrumentalities within New York.