Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) Stake Lessened by First Trust Advisors LP

First Trust Advisors LP trimmed its holdings in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 26.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 45,574 shares of the company’s stock after selling 16,573 shares during the period. First Trust Advisors LP’s holdings in Nuveen Amt-Free Quality Municpl Incm Fnd were worth $561,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Bank of New York Mellon Corp grew its stake in Nuveen Amt-Free Quality Municpl Incm Fnd by 50.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 24,974 shares of the company’s stock valued at $316,000 after purchasing an additional 8,336 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 30.8% in the 3rd quarter. Baird Financial Group Inc. now owns 46,233 shares of the company’s stock worth $584,000 after acquiring an additional 10,894 shares in the last quarter. Koshinski Asset Management Inc. grew its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 70.2% in the 3rd quarter. Koshinski Asset Management Inc. now owns 140,119 shares of the company’s stock worth $1,774,000 after acquiring an additional 57,776 shares in the last quarter. NINE MASTS CAPITAL Ltd acquired a new position in Nuveen Amt-Free Quality Municpl Incm Fnd during the 3rd quarter valued at approximately $2,293,000. Finally, Morgan Stanley raised its stake in Nuveen Amt-Free Quality Municpl Incm Fnd by 10.8% during the 3rd quarter. Morgan Stanley now owns 6,292,669 shares of the company’s stock valued at $79,665,000 after acquiring an additional 612,589 shares in the last quarter.

Shares of Nuveen Amt-Free Quality Municpl Incm Fnd stock opened at $13.14 on Tuesday. Nuveen Amt-Free Quality Municpl Incm Fnd has a 1-year low of $12.03 and a 1-year high of $13.41.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a dividend of $0.0535 per share. This represents a $0.64 annualized dividend and a yield of 4.89%. The ex-dividend date is Friday, April 12th.

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About Nuveen Amt-Free Quality Municpl Incm Fnd

Nuveen AMT-Free Quality Municipal Income Fund is a closed-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 the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.

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Institutional Ownership by Quarter for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA)

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