Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN) Position Reduced by MML Investors Services LLC

MML Investors Services LLC cut its stake in Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN) by 22.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,236 shares of the financial services provider’s stock after selling 13,076 shares during the quarter. MML Investors Services LLC’s holdings in Nuveen New York Dividend Advntg Mncpl Fd were worth $554,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its stake in Nuveen New York Dividend Advntg Mncpl Fd by 44.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 21,305 shares of the financial services provider’s stock worth $262,000 after buying an additional 6,558 shares in the last quarter. Edge Wealth Management LLC grew its stake in Nuveen New York Dividend Advntg Mncpl Fd by 300.0% in the 4th quarter. Edge Wealth Management LLC now owns 4,000 shares of the financial services provider’s stock worth $49,000 after buying an additional 3,000 shares in the last quarter. Dakota Wealth Management grew its stake in Nuveen New York Dividend Advntg Mncpl Fd by 237.9% in the 4th quarter. Dakota Wealth Management now owns 65,975 shares of the financial services provider’s stock worth $808,000 after buying an additional 46,450 shares in the last quarter. PenderFund Capital Management Ltd. grew its stake in Nuveen New York Dividend Advntg Mncpl Fd by 6.7% in the 4th quarter. PenderFund Capital Management Ltd. now owns 240,000 shares of the financial services provider’s stock worth $2,940,000 after buying an additional 15,000 shares in the last quarter. Finally, Tortoise Investment Management LLC grew its stake in Nuveen New York Dividend Advntg Mncpl Fd by 32.6% in the 4th quarter. Tortoise Investment Management LLC now owns 500,146 shares of the financial services provider’s stock worth $6,127,000 after buying an additional 122,894 shares in the last quarter.

NAN stock traded up $0.04 during midday trading on Wednesday, reaching $13.26. The company had a trading volume of 49,000 shares, compared to its average volume of 37,999. Nuveen New York Dividend Advntg Mncpl Fd has a 1 year low of $12.02 and a 1 year high of $13.54.

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a $0.048 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.58 dividend on an annualized basis and a yield of 4.34%.

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Nuveen New York Dividend Advntg Mncpl Fd Company Profile

Nuveen New York 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 New York. The fund invests in municipal bonds, with a rating of Baa or higher.

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Institutional Ownership by Quarter for Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN)

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