Rivernorth Capital Management LLC Has $5.06 Million Stock Position in Nuveen North Carol Premium Incom Mun Fd (NYSE:NNC)

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Rivernorth Capital Management LLC grew its stake in shares of Nuveen North Carol Premium Incom Mun Fd (NYSE:NNC) by 118.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 379,343 shares of the financial services provider’s stock after purchasing an additional 205,634 shares during the quarter. Rivernorth Capital Management LLC’s holdings in Nuveen North Carol Premium Incom Mun Fd were worth $5,057,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Morgan Stanley increased its position in shares of Nuveen North Carol Premium Incom Mun Fd by 11.8% during the 2nd quarter. Morgan Stanley now owns 88,733 shares of the financial services provider’s stock worth $1,183,000 after purchasing an additional 9,340 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Nuveen North Carol Premium Incom Mun Fd by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 47,739 shares of the financial services provider’s stock worth $636,000 after acquiring an additional 1,645 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Nuveen North Carol Premium Incom Mun Fd by 2.7% during the 2nd quarter. HighTower Advisors LLC now owns 122,998 shares of the financial services provider’s stock worth $1,641,000 after acquiring an additional 3,203 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Nuveen North Carol Premium Incom Mun Fd by 30.0% during the 2nd quarter. Wells Fargo & Company MN now owns 732,570 shares of the financial services provider’s stock worth $9,764,000 after acquiring an additional 169,103 shares during the last quarter. Finally, Advisor Group Inc. increased its holdings in shares of Nuveen North Carol Premium Incom Mun Fd by 566.9% during the 2nd quarter. Advisor Group Inc. now owns 10,030 shares of the financial services provider’s stock worth $134,000 after acquiring an additional 8,526 shares during the last quarter. 18.27% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NNC stock traded down $0.02 during trading on Friday, reaching $13.36. 100 shares of the company’s stock were exchanged, compared to its average volume of 50,654. Nuveen North Carol Premium Incom Mun Fd has a twelve month low of $11.60 and a twelve month high of $13.88. The firm’s fifty day moving average price is $13.66 and its 200-day moving average price is $13.13.

The firm also recently announced a — dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be issued a dividend of $0.039 per share. This represents a dividend yield of 3.4%. The ex-dividend date is Thursday, September 12th.

Nuveen North Carol Premium Incom Mun Fd Profile

Nuveen North Carolina Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of North Carolina. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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

Institutional Ownership by Quarter for Nuveen North Carol Premium Incom Mun Fd (NYSE:NNC)

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