Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP) Holdings Increased by Robinson Capital Management LLC

Robinson Capital Management LLC grew its holdings in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP) by 36.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 288,930 shares of the financial services provider’s stock after purchasing an additional 76,683 shares during the quarter. Robinson Capital Management LLC owned about 0.77% of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd worth $3,817,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in NQP. Wells Fargo & Company MN raised its holdings in Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 1.2% in the 3rd quarter. Wells Fargo & Company MN now owns 810,820 shares of the financial services provider’s stock worth $10,095,000 after acquiring an additional 10,010 shares during the period. McGowan Group Asset Management Inc. bought a new position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd during the 3rd quarter worth about $1,768,000. Hotaling Investment Management LLC bought a new position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd during the 4th quarter worth about $159,000. PenderFund Capital Management Ltd. boosted its position in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd by 45.0% during the 4th quarter. PenderFund Capital Management Ltd. now owns 145,000 shares of the financial services provider’s stock valued at $1,769,000 after acquiring an additional 45,000 shares in the last quarter. Finally, Merriman Wealth Management LLC acquired a new stake in shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd during the 4th quarter valued at about $153,000. Institutional investors and hedge funds own 15.78% of the company’s stock.

Shares of Nuveen Pennsylvania Invsmt Qlty Mncpl Fd stock traded up $0.03 during trading on Wednesday, hitting $13.18. 1,500 shares of the company’s stock traded hands, compared to its average volume of 41,340. Nuveen Pennsylvania Invsmt Qlty Mncpl Fd has a twelve month low of $12.02 and a twelve month high of $13.30.

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be given a $0.0505 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.61 dividend on an annualized basis and a yield of 4.60%.

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About Nuveen Pennsylvania Invsmt Qlty Mncpl Fd

Nuveen Pennsylvania Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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Institutional Ownership by Quarter for Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NYSE:NQP)

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