BB&T Securities LLC boosted its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 7.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 250,212 shares of the company’s stock after buying an additional 18,132 shares during the period. BB&T Securities LLC owned approximately 0.10% of Nuveen Amt-Free Quality Municpl Incm Fnd worth $3,425,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in NEA. Stratos Wealth Partners LTD. boosted its stake in Nuveen Amt-Free Quality Municpl Incm Fnd by 2.3% in the second quarter. Stratos Wealth Partners LTD. now owns 14,757 shares of the company’s stock worth $202,000 after buying an additional 328 shares during the period. Brave Asset Management Inc. purchased a new stake in Nuveen Amt-Free Quality Municpl Incm Fnd during the second quarter worth about $216,000. Bank of New York Mellon Corp purchased a new stake in Nuveen Amt-Free Quality Municpl Incm Fnd during the second quarter worth about $350,000. Sigma Planning Corp boosted its stake in Nuveen Amt-Free Quality Municpl Incm Fnd by 31.3% in the second quarter. Sigma Planning Corp now owns 28,853 shares of the company’s stock worth $395,000 after buying an additional 6,883 shares during the period. Finally, Eagle Global Advisors LLC boosted its stake in Nuveen Amt-Free Quality Municpl Incm Fnd by 7.1% in the second quarter. Eagle Global Advisors LLC now owns 30,058 shares of the company’s stock worth $411,000 after buying an additional 2,000 shares during the period.
Shares of Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) opened at 13.89 on Wednesday. Nuveen Amt-Free Quality Municpl Incm Fnd has a 12-month low of $12.94 and a 12-month high of $15.08. The firm’s 50-day moving average is $13.82 and its 200-day moving average is $13.56.
The firm also recently announced a monthly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be paid a $0.062 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.74 annualized dividend and a dividend yield of 5.36%.
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About Nuveen Amt-Free Quality Municpl Incm Fnd
Nuveen AMT-Free Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund’s investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund’s investment advisor believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
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