Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) Holdings Cut by Robinson Capital Management LLC

Robinson Capital Management LLC decreased its stake in Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 18.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 628,081 shares of the company’s stock after selling 145,292 shares during the quarter. Nuveen AMT-Free Municipal Credit Income makes up 3.0% of Robinson Capital Management LLC’s holdings, making the stock its 10th largest position. Robinson Capital Management LLC’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $9,490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Bank of New York Mellon Corp lifted its stake in Nuveen AMT-Free Municipal Credit Income by 20.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 51,072 shares of the company’s stock valued at $743,000 after buying an additional 8,596 shares in the last quarter. D.A. Davidson & CO. acquired a new stake in shares of Nuveen AMT-Free Municipal Credit Income in the 3rd quarter valued at approximately $150,000. LPL Financial LLC boosted its stake in shares of Nuveen AMT-Free Municipal Credit Income by 3.1% in the 3rd quarter. LPL Financial LLC now owns 381,973 shares of the company’s stock valued at $5,562,000 after purchasing an additional 11,463 shares in the last quarter. Bell Rock Capital LLC acquired a new stake in shares of Nuveen AMT-Free Municipal Credit Income in the 3rd quarter valued at approximately $101,000. Finally, Great Lakes Advisors LLC acquired a new stake in shares of Nuveen AMT-Free Municipal Credit Income in the 3rd quarter valued at approximately $239,000.

Shares of NVG traded up $0.05 during mid-day trading on Wednesday, reaching $15.22. The company had a trading volume of 1,700 shares, compared to its average volume of 468,785. Nuveen AMT-Free Municipal Credit Income has a 1-year low of $13.30 and a 1-year high of $15.44.

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a $0.0655 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.16%.

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Nuveen AMT-Free Municipal Credit Income Company Profile

Nuveen AMT-Free Municipal Credit 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 the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years.

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Institutional Ownership by Quarter for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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