Sigma Planning Corp boosted its stake in shares of Nuveen Mich Qua (NYSE:NUM) by 4.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,171 shares of the investment management company’s stock after buying an additional 1,527 shares during the period. Sigma Planning Corp’s holdings in Nuveen Mich Qua were worth $482,000 as of its most recent SEC filing.

Separately, Norris Perne & French LLP MI purchased a new stake in shares of Nuveen Mich Qua during the second quarter valued at $137,000. 10.16% of the stock is currently owned by institutional investors.

Shares of Nuveen Mich Qua (NUM) opened at 13.75 on Tuesday. The firm has a 50-day moving average of $13.81 and a 200 day moving average of $13.55. Nuveen Mich Qua has a 52 week low of $12.90 and a 52 week high of $15.41.

The company also recently declared a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be issued a dividend of $0.0535 per share. This represents a $0.64 annualized dividend and a yield of 4.67%. The ex-dividend date is Friday, August 11th.

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About Nuveen Mich Qua

Nuveen Michigan Quality Income Municipal Fund is a closed-end management investment company. The fund seeks current income exempt from federal and Michigan income tax, as well as the Michigan intangibles tax. The secondary objective is the enhancement of portfolio value. The fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB, S&P, Moody’s, or Fitch).

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Institutional Ownership by Quarter for Nuveen Mich Qua (NYSE:NUM)

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