Benjamin F. Edwards & Company Inc. cut its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) by 4.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,038 shares of the investment management company’s stock after selling 752 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Nuveen Intermediate Duration Munpl Tm Fd were worth $241,000 as of its most recent filing with the SEC.
Shares of Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) opened at 13.59 on Friday. Nuveen Intermediate Duration Munpl Tm Fd has a 1-year low of $12.19 and a 1-year high of $14.34. The stock has a 50 day moving average of $13.38 and a 200 day moving average of $13.16.
The business also recently declared a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be issued a dividend of $0.053 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.64 annualized dividend and a yield of 4.68%.
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Nuveen Intermediate Duration Munpl Tm Fd Company Profile
Nuveen Intermediate Duration Municipal Term Fund is a diversified, closed-end management investment company. The Fund seeks to provide a high level of current income exempt from regular federal income tax with a secondary objective of seeking additional total return. The Fund also maintains a portfolio with an intermediate duration of between 3 and 10 years (including the effects of leverage).
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