405,083 Shares in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) Bought by Gill Capital Partners LLC

Gill Capital Partners LLC purchased a new position in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) in the first quarter, Holdings Channel.com reports. The fund purchased 405,083 shares of the company’s stock, valued at approximately $5,485,000. Nuveen Amt-Free Quality Municpl Incm Fnd comprises 4.0% of Gill Capital Partners LLC’s portfolio, making the stock its 7th largest position.

A number of other hedge funds have also made changes to their positions in the stock. Rivernorth Capital Management LLC lifted its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 5.5% during the fourth quarter. Rivernorth Capital Management LLC now owns 5,605,557 shares of the company’s stock valued at $80,608,000 after buying an additional 293,175 shares during the period. UBS Group AG lifted its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 17.9% during the fourth quarter. UBS Group AG now owns 2,573,075 shares of the company’s stock valued at $37,001,000 after buying an additional 390,829 shares during the period. Bank of America Corp DE lifted its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 6.6% during the fourth quarter. Bank of America Corp DE now owns 1,345,026 shares of the company’s stock valued at $19,341,000 after buying an additional 83,027 shares during the period. Oxbow Advisors LLC lifted its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 1.8% during the first quarter. Oxbow Advisors LLC now owns 1,178,888 shares of the company’s stock valued at $15,962,000 after buying an additional 20,987 shares during the period. Finally, Van ECK Associates Corp lifted its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 6.9% during the fourth quarter. Van ECK Associates Corp now owns 955,082 shares of the company’s stock valued at $13,734,000 after buying an additional 61,672 shares during the period.

Shares of NEA traded down $0.01 during trading hours on Tuesday, hitting $13.69. The company had a trading volume of 69,059 shares, compared to its average volume of 829,805. The firm has a fifty day moving average price of $13.35 and a 200-day moving average price of $13.99. Nuveen Amt-Free Quality Municpl Incm Fnd has a 52-week low of $10.51 and a 52-week high of $15.06.

The business also recently declared a monthly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be given a $0.056 dividend. This represents a $0.67 annualized dividend and a dividend yield of 4.91%. The ex-dividend date of this dividend is Thursday, May 14th. This is a positive change from Nuveen Amt-Free Quality Municpl Incm Fnd’s previous monthly dividend of $0.05.

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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