Ackerman Capital Advisors LLC purchased a new stake in Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 45,301 shares of the investment management company’s stock, valued at approximately $676,000.

Several other hedge funds also recently bought and sold shares of NZF. BB&T Securities LLC grew its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 0.5% in the second quarter. BB&T Securities LLC now owns 20,132 shares of the investment management company’s stock worth $300,000 after acquiring an additional 107 shares during the period. National Planning Corp grew its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 0.5% in the second quarter. National Planning Corp now owns 60,103 shares of the investment management company’s stock worth $899,000 after acquiring an additional 300 shares during the period. Arete Wealth Advisors LLC grew its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 1.5% in the second quarter. Arete Wealth Advisors LLC now owns 38,587 shares of the investment management company’s stock worth $576,000 after acquiring an additional 569 shares during the period. Advisor Group Inc. grew its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 1.6% in the second quarter. Advisor Group Inc. now owns 41,261 shares of the investment management company’s stock worth $616,000 after acquiring an additional 647 shares during the period. Finally, Summit Financial Wealth Advisors LLC grew its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 1.3% in the second quarter. Summit Financial Wealth Advisors LLC now owns 70,524 shares of the investment management company’s stock worth $1,052,000 after acquiring an additional 918 shares during the period.

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Shares of Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) traded down 0.07% on Friday, reaching $15.21. The company had a trading volume of 487,862 shares. Nuveen Enhanced Municipal Crdt Opptys Fd has a 1-year low of $13.65 and a 1-year high of $15.50. The firm has a 50-day moving average price of $15.30 and a 200 day moving average price of $14.97.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Friday, October 13th will be paid a $0.074 dividend. The ex-dividend date is Thursday, October 12th. This represents a $0.89 annualized dividend and a yield of 5.84%.

Nuveen Enhanced Municipal Crdt Opptys Fd Profile

Nuveen Municipal Credit Income Fund, formerly Nuveen Enhanced Municipal Credit Opportunities Fund, is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain the United States territories.

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Institutional Ownership by Quarter for Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF)

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