Matisse Capital Acquires New Stake in Nuveen Arizona Premium Income Mun Fd (NAZ)

Matisse Capital acquired a new stake in shares of Nuveen Arizona Premium Income Mun Fd (NYSE:NAZ) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 107,024 shares of the investment management company’s stock, valued at approximately $1,252,000. Nuveen Arizona Premium Income Mun Fd accounts for about 1.1% of Matisse Capital’s holdings, making the stock its 26th biggest position.

A number of other hedge funds have also added to or reduced their stakes in the business. Alpha Cubed Investments LLC bought a new position in Nuveen Arizona Premium Income Mun Fd during the third quarter valued at $1,106,000. Wolverine Asset Management LLC bought a new position in Nuveen Arizona Premium Income Mun Fd during the second quarter valued at $669,000. Finally, Laurion Capital Management LP bought a new position in Nuveen Arizona Premium Income Mun Fd during the second quarter valued at $4,107,000. Institutional investors and hedge funds own 7.54% of the company’s stock.

NAZ stock traded up $0.01 during trading on Tuesday, hitting $11.59. 30 shares of the company’s stock traded hands, compared to its average volume of 57,544. Nuveen Arizona Premium Income Mun Fd has a 52 week low of $11.39 and a 52 week high of $14.74.

The company also recently announced a monthly dividend, which will be paid on Thursday, November 1st. Stockholders of record on Monday, October 15th will be paid a $0.044 dividend. This represents a $0.53 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend is Friday, October 12th.

About Nuveen Arizona Premium Income Mun Fd

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.

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Want to see what other hedge funds are holding NAZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Arizona Premium Income Mun Fd (NYSE:NAZ).

Institutional Ownership by Quarter for Nuveen Arizona Premium Income Mun Fd (NYSE:NAZ)

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