Van ECK Associates Corp Raises Holdings in Nuveen Intermediate Duration Munpl Tm Fd (NID)

Van ECK Associates Corp boosted its position in shares of Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) by 15.9% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 144,404 shares of the investment management company’s stock after acquiring an additional 19,770 shares during the quarter. Van ECK Associates Corp owned about 0.31% of Nuveen Intermediate Duration Munpl Tm Fd worth $1,796,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. acquired a new stake in Nuveen Intermediate Duration Munpl Tm Fd during the 2nd quarter worth about $126,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Nuveen Intermediate Duration Munpl Tm Fd during the 2nd quarter worth about $167,000. Millennium Management LLC purchased a new position in shares of Nuveen Intermediate Duration Munpl Tm Fd during the 4th quarter valued at about $189,000. NINE MASTS CAPITAL Ltd raised its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 385.4% during the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 19,900 shares of the investment management company’s stock valued at $248,000 after buying an additional 15,800 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 59.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 20,763 shares of the investment management company’s stock valued at $258,000 after buying an additional 7,702 shares during the last quarter.

NYSE NID opened at $12.43 on Friday. Nuveen Intermediate Duration Munpl Tm Fd has a fifty-two week low of $12.10 and a fifty-two week high of $13.55.

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 1st. Shareholders of record on Friday, September 14th will be paid a dividend of $0.0425 per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 4.10%.

Nuveen Intermediate Duration Munpl Tm Fd Company Profile

Nuveen Intermediate Duration Municipal Term Fund is a close 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 fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

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Institutional Ownership by Quarter for Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

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