Guggenheim Capital LLC Reduces Stake in Nuveen Intermediate Dur (NYSE:NID)

Guggenheim Capital LLC lessened its stake in shares of Nuveen Intermediate Dur (NYSE:NID) by 91.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,362 shares of the investment management company’s stock after selling 136,953 shares during the period. Guggenheim Capital LLC’s holdings in Nuveen Intermediate Dur were worth $161,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JOYN Advisors Inc. acquired a new stake in Nuveen Intermediate Dur during the 4th quarter worth about $190,000. Landscape Capital Management L.L.C. acquired a new position in shares of Nuveen Intermediate Dur in the 4th quarter valued at about $224,000. SG Americas Securities LLC acquired a new position in shares of Nuveen Intermediate Dur in the 4th quarter valued at about $265,000. City of London Investment Management Co. Ltd. acquired a new position in shares of Nuveen Intermediate Dur in the 4th quarter valued at about $276,000. Finally, Edge Wealth Management LLC increased its holdings in shares of Nuveen Intermediate Dur by 26.0% in the 4th quarter. Edge Wealth Management LLC now owns 38,818 shares of the investment management company’s stock valued at $504,000 after purchasing an additional 8,008 shares during the period.

Shares of Nuveen Intermediate Dur opened at $12.39 on Friday, according to Marketbeat.com. Nuveen Intermediate Dur has a fifty-two week low of $12.10 and a fifty-two week high of $13.77.



The firm also recently announced a monthly dividend, which will be paid on Friday, June 1st. Stockholders of record on Tuesday, May 15th will be issued a $0.047 dividend. The ex-dividend date is Monday, May 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.55%.

Nuveen Intermediate Dur Company Profile

Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

Institutional Ownership by Quarter for Nuveen Intermediate Dur (NYSE:NID)

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