Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Stock Price Crosses Above Two Hundred Day Moving Average of $11.08

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.08 and traded as high as $11.74. Nuveen Arizona Quality Municipal Income Fund shares last traded at $11.71, with a volume of 32,528 shares trading hands.

Nuveen Arizona Quality Municipal Income Fund Trading Down 0.1 %

The stock has a 50 day moving average of $11.47 and a 200-day moving average of $11.08.

Nuveen Arizona Quality Municipal Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.0725 per share. The ex-dividend date is Thursday, August 15th. This represents a $0.87 annualized dividend and a yield of 7.43%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NAZ. Whitebox Advisors LLC purchased a new position in Nuveen Arizona Quality Municipal Income Fund during the 2nd quarter worth $405,000. Matisse Capital increased its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 21.9% in the 4th quarter. Matisse Capital now owns 148,851 shares of the investment management company’s stock valued at $1,594,000 after acquiring an additional 26,718 shares during the period. Robinson Capital Management LLC increased its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 6.2% in the 4th quarter. Robinson Capital Management LLC now owns 70,472 shares of the investment management company’s stock valued at $756,000 after acquiring an additional 4,087 shares during the period. Blue Bell Private Wealth Management LLC purchased a new position in shares of Nuveen Arizona Quality Municipal Income Fund in the 2nd quarter valued at $34,000. Finally, Cetera Advisors LLC increased its holdings in shares of Nuveen Arizona Quality Municipal Income Fund by 1.5% in the 1st quarter. Cetera Advisors LLC now owns 94,537 shares of the investment management company’s stock valued at $1,038,000 after acquiring an additional 1,372 shares during the period. 15.28% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Arizona Quality Municipal Income Fund Company Profile

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.