Janney Montgomery Scott LLC boosted its stake in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 7.6% during the second quarter, Holdings Channel reports. The firm owned 100,594 shares of the company’s stock after buying an additional 7,075 shares during the period. Janney Montgomery Scott LLC’s holdings in Nuveen Amt-Free Quality Municpl Incm Fnd were worth $1,377,000 at the end of the most recent reporting period.

Separately, Tower Bridge Advisors raised its stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 33.7% in the second quarter. Tower Bridge Advisors now owns 41,744 shares of the company’s stock valued at $571,000 after buying an additional 10,528 shares during the period.

Shares of Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) opened at 13.80 on Thursday. The stock’s 50 day moving average price is $13.80 and its 200 day moving average price is $13.53. Nuveen Amt-Free Quality Municpl Incm Fnd has a 52 week low of $12.94 and a 52 week high of $15.09.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Investors of record on Tuesday, August 15th will be paid a dividend of $0.062 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.39%.

TRADEMARK VIOLATION WARNING: “Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) Shares Bought by Janney Montgomery Scott LLC” was first published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/nuveen-amt-free-quality-municpl-incm-fnd-nysenea-shares-bought-by-janney-montgomery-scott-llc/1468016.html.

Nuveen Amt-Free Quality Municpl Incm Fnd Company Profile

Nuveen AMT-Free Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund’s investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund’s investment advisor believes are underrated or undervalued or that represent municipal market sectors that are undervalued.

Want to see what other hedge funds are holding NEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA).

Institutional Ownership by Quarter for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA)

Receive News & Ratings for Nuveen Amt-Free Quality Municpl Incm Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Amt-Free Quality Municpl Incm Fnd and related companies with Analyst Ratings Network's FREE daily email newsletter.