BB&T Corp acquired a new stake in Nuveen N C Prem (NYSE:NNC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,327 shares of the financial services provider’s stock, valued at approximately $138,000.

Several other hedge funds and other institutional investors have also bought and sold shares of NNC. Deschutes Portfolio Strategy LLC boosted its stake in shares of Nuveen N C Prem by 122.8% in the second quarter. Deschutes Portfolio Strategy LLC now owns 169,329 shares of the financial services provider’s stock valued at $2,257,000 after purchasing an additional 93,324 shares during the period. HighTower Advisors LLC boosted its stake in shares of Nuveen N C Prem by 34.6% in the second quarter. HighTower Advisors LLC now owns 85,219 shares of the financial services provider’s stock valued at $1,138,000 after purchasing an additional 21,890 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Nuveen N C Prem by 111.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 28,242 shares of the financial services provider’s stock valued at $376,000 after purchasing an additional 14,904 shares during the period. Point View Wealth Management Inc. boosted its stake in shares of Nuveen N C Prem by 25.3% in the second quarter. Point View Wealth Management Inc. now owns 18,778 shares of the financial services provider’s stock valued at $250,000 after purchasing an additional 3,792 shares during the period. Finally, Advisor Group Inc. boosted its stake in shares of Nuveen N C Prem by 93.8% in the second quarter. Advisor Group Inc. now owns 7,748 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 3,750 shares during the period. 9.37% of the stock is owned by institutional investors and hedge funds.

The firm also recently announced a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a dividend of $0.044 per share. This represents a $0.53 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Tuesday, November 14th.

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Nuveen N C Prem Profile

Nuveen North Carolina Quality Municipal Income Fund, formerly Nuveen North Carolina Premium Income Municipal Fund, is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by primarily investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain the United States territories.

Institutional Ownership by Quarter for Nuveen N C Prem (NYSE:NNC)

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