Nuveen AMT-Free Municipal Credit Income (NVG) Hits New 12-Month High Following Dividend Announcement

Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)’s share price hit a new 52-week high during mid-day trading on Friday after the company announced a dividend. The company traded as high as $15.52 and last traded at $15.51, with a volume of 1324 shares. The stock had previously closed at $15.48.

The newly announced dividend which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.0655 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.79 annualized dividend and a dividend yield of 5.09%.

Several institutional investors have recently bought and sold shares of NVG. Bank of New York Mellon Corp grew its position in shares of Nuveen AMT-Free Municipal Credit Income by 20.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 51,072 shares of the company’s stock worth $743,000 after buying an additional 8,596 shares during the period. B. Riley Wealth Management Inc. acquired a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 3rd quarter worth about $149,000. Belpointe Asset Management LLC acquired a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 3rd quarter worth about $281,000. Great Lakes Advisors LLC acquired a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 3rd quarter worth about $239,000. Finally, Cohen & Steers Inc. grew its position in shares of Nuveen AMT-Free Municipal Credit Income by 4.0% during the 3rd quarter. Cohen & Steers Inc. now owns 253,214 shares of the company’s stock worth $3,687,000 after buying an additional 9,639 shares during the period.

TRADEMARK VIOLATION WARNING: “Nuveen AMT-Free Municipal Credit Income (NVG) Hits New 12-Month High Following Dividend Announcement” was originally published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://www.baseballdailydigest.com/news/2019/05/05/nuveen-amt-free-municipal-credit-income-nvg-hits-new-12-month-high-following-dividend-announcement.html.

About Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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.

Further Reading: Bollinger Bands

Receive News & Ratings for Nuveen AMT-Free Municipal Credit Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen AMT-Free Municipal Credit Income and related companies with MarketBeat.com's FREE daily email newsletter.