Raymond James Financial Services Advisors Inc. Has $4.45 Million Stake in Nuveen AMT-Free Municipal Credit Income (NVG)

Raymond James Financial Services Advisors Inc. increased its stake in shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 5.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 305,005 shares of the company’s stock after acquiring an additional 16,094 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.15% of Nuveen AMT-Free Municipal Credit Income worth $4,450,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Stifel Financial Corp grew its holdings in Nuveen AMT-Free Municipal Credit Income by 20.2% in the 1st quarter. Stifel Financial Corp now owns 356,795 shares of the company’s stock valued at $5,186,000 after buying an additional 59,963 shares during the last quarter. Guggenheim Capital LLC grew its holdings in Nuveen AMT-Free Municipal Credit Income by 14.4% in the 1st quarter. Guggenheim Capital LLC now owns 223,962 shares of the company’s stock valued at $3,250,000 after buying an additional 28,266 shares during the last quarter. Creative Planning grew its holdings in Nuveen AMT-Free Municipal Credit Income by 6.4% in the 2nd quarter. Creative Planning now owns 184,999 shares of the company’s stock valued at $2,699,000 after buying an additional 11,101 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. grew its holdings in Nuveen AMT-Free Municipal Credit Income by 29.5% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 151,566 shares of the company’s stock valued at $2,200,000 after buying an additional 34,493 shares during the last quarter. Finally, Landscape Capital Management L.L.C. grew its holdings in Nuveen AMT-Free Municipal Credit Income by 246.5% in the 1st quarter. Landscape Capital Management L.L.C. now owns 147,042 shares of the company’s stock valued at $2,134,000 after buying an additional 104,607 shares during the last quarter.

Shares of NVG stock opened at $14.81 on Monday. Nuveen AMT-Free Municipal Credit Income has a 12 month low of $14.06 and a 12 month high of $15.83.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 4th. Shareholders of record on Wednesday, August 15th will be given a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, August 14th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.27%.

Nuveen AMT-Free Municipal Credit Income 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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