Janney Montgomery Scott LLC grew its position in Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 6.2% during the 1st quarter, HoldingsChannel reports. The firm owned 44,271 shares of the company’s stock after acquiring an additional 2,566 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $669,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its stake in Nuveen AMT-Free Municipal Credit Income by 20.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 51,072 shares of the company’s stock valued at $743,000 after acquiring an additional 8,596 shares during the period. Bank of Montreal Can lifted its stake in Nuveen AMT-Free Municipal Credit Income by 113.8% during the 4th quarter. Bank of Montreal Can now owns 6,105 shares of the company’s stock valued at $85,000 after acquiring an additional 3,250 shares during the period. Fisher Asset Management LLC acquired a new stake in Nuveen AMT-Free Municipal Credit Income during the 4th quarter valued at approximately $144,000. CWM LLC lifted its stake in Nuveen AMT-Free Municipal Credit Income by 4.7% during the 4th quarter. CWM LLC now owns 104,224 shares of the company’s stock valued at $1,457,000 after acquiring an additional 4,697 shares during the period. Finally, Merriman Wealth Management LLC acquired a new stake in Nuveen AMT-Free Municipal Credit Income during the 4th quarter valued at approximately $163,000.

Shares of NYSE NVG opened at $15.63 on Thursday. Nuveen AMT-Free Municipal Credit Income has a 12 month low of $13.30 and a 12 month high of $15.71.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.0655 per share. This represents a $0.79 annualized dividend and a yield of 5.03%. The ex-dividend date of this dividend is Tuesday, May 14th.

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Nuveen AMT-Free Municipal Credit Income Profile

Nuveen AMT-Free Municipal Credit 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 the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years.

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Want to see what other hedge funds are holding NVG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG).

Institutional Ownership by Quarter for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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