Nuveen New York Quality Municipal Income Fund (NYSE:NAN) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Posted by Stuart Ham on Feb 22nd, 2025

Nuveen New York Quality Municipal Income Fund (NYSE:NAN – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.53 and traded as high as $11.77. Nuveen New York Quality Municipal Income Fund shares last traded at $11.73, with a volume of 32,263 shares.

Nuveen New York Quality Municipal Income Fund Stock Down 0.1 %

The firm’s fifty day moving average is $11.41 and its two-hundred day moving average is $11.53.

Nuveen New York Quality Municipal Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.072 dividend. This represents a $0.86 annualized dividend and a yield of 7.37%. The ex-dividend date is Friday, February 14th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Broyhill Asset Management purchased a new stake in Nuveen New York Quality Municipal Income Fund in the 4th quarter worth $114,000. Seelaus Asset Management LLC purchased a new stake in Nuveen New York Quality Municipal Income Fund in the 4th quarter worth $129,000. PFG Investments LLC purchased a new stake in Nuveen New York Quality Municipal Income Fund in the 3rd quarter worth $145,000. Stifel Financial Corp lifted its stake in Nuveen New York Quality Municipal Income Fund by 18.8% in the 3rd quarter. Stifel Financial Corp now owns 12,462 shares of the financial services provider’s stock worth $147,000 after purchasing an additional 1,975 shares in the last quarter. Finally, Stephens Inc. AR purchased a new stake in Nuveen New York Quality Municipal Income Fund in the 4th quarter worth $162,000.

Nuveen New York Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen New York Quality Municipal 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 New York. The fund invests in municipal bonds, with a rating of Baa or higher.