Sit Investment Associates Inc. Acquires 6,417 Shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

Sit Investment Associates Inc. grew its holdings in shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 1.2% in the first quarter, HoldingsChannel.com reports. The fund owned 535,165 shares of the company’s stock after purchasing an additional 6,417 shares during the quarter. Sit Investment Associates Inc.’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $8,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of NVG. Executive Wealth Management LLC purchased a new stake in Nuveen AMT-Free Municipal Credit Income in the 4th quarter worth $29,000. Ellis Investment Partners LLC purchased a new stake in Nuveen AMT-Free Municipal Credit Income in the 1st quarter worth $44,000. Capital Investment Advisory Services LLC purchased a new stake in Nuveen AMT-Free Municipal Credit Income in the 4th quarter worth $54,000. Legacy Advisors LLC purchased a new stake in Nuveen AMT-Free Municipal Credit Income in the 1st quarter worth $78,000. Finally, Bank of Montreal Can lifted its stake in Nuveen AMT-Free Municipal Credit Income by 113.8% in the 4th quarter. Bank of Montreal Can now owns 6,105 shares of the company’s stock worth $85,000 after purchasing an additional 3,250 shares in the last quarter.

NVG stock remained flat at $$15.82 during mid-day trading on Friday. 100 shares of the company’s stock traded hands, compared to its average volume of 416,928. Nuveen AMT-Free Municipal Credit Income has a 1-year low of $13.30 and a 1-year high of $15.93.

The business also recently declared a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a $0.065 dividend. This represents a $0.78 annualized dividend and a yield of 4.93%. The ex-dividend date of this dividend is Thursday, June 13th.

TRADEMARK VIOLATION NOTICE: “Sit Investment Associates Inc. Acquires 6,417 Shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://sportsperspectives.com/2019/06/14/sit-investment-associates-inc-acquires-6417-shares-of-nuveen-amt-free-municipal-credit-income-nysenvg.html.

About Nuveen AMT-Free Municipal Credit Income

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.

See Also: What are Institutional Investors?

Want to see what other hedge funds are holding NVG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG).

Institutional Ownership by Quarter for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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.