Nuveen Minnesota Quality Municipal Income Fund (NMS) To Go Ex-Dividend on January 15th

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0665 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Thursday, January 15th.

Nuveen Minnesota Quality Municipal Income Fund Stock Up 0.3%

Shares of NYSE:NMS traded up $0.04 during midday trading on Tuesday, hitting $11.82. The company had a trading volume of 3,001 shares, compared to its average volume of 10,199. Nuveen Minnesota Quality Municipal Income Fund has a 12 month low of $11.07 and a 12 month high of $12.60. The firm has a fifty day simple moving average of $11.90 and a 200 day simple moving average of $11.67.

Institutional Trading of Nuveen Minnesota Quality Municipal Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Access Financial Services Inc. bought a new position in Nuveen Minnesota Quality Municipal Income Fund during the 3rd quarter worth approximately $277,000. Raymond James Financial Inc. raised its holdings in Nuveen Minnesota Quality Municipal Income Fund by 73.4% in the third quarter. Raymond James Financial Inc. now owns 33,077 shares of the company’s stock worth $394,000 after purchasing an additional 14,000 shares during the period. Wolverine Asset Management LLC acquired a new stake in Nuveen Minnesota Quality Municipal Income Fund in the second quarter worth $139,000. Osaic Holdings Inc. boosted its position in shares of Nuveen Minnesota Quality Municipal Income Fund by 20.3% during the second quarter. Osaic Holdings Inc. now owns 12,797 shares of the company’s stock worth $146,000 after purchasing an additional 2,157 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its position in shares of Nuveen Minnesota Quality Municipal Income Fund by 7.0% during the third quarter. Redhawk Wealth Advisors Inc. now owns 19,155 shares of the company’s stock worth $228,000 after purchasing an additional 1,256 shares in the last quarter.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.