PNC Financial Services Group Inc. reduced its stake in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 6.2% in the third quarter, Holdings Channel reports. The institutional investor owned 381,322 shares of the company’s stock after selling 25,143 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Nuveen Amt-Free Quality Municpl Incm Fnd were worth $4,828,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Successful Portfolios LLC raised its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 14.3% in the 3rd quarter. Successful Portfolios LLC now owns 33,979 shares of the company’s stock valued at $430,000 after buying an additional 4,250 shares during the last quarter. US Bancorp DE raised its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 14.3% in the 3rd quarter. US Bancorp DE now owns 43,207 shares of the company’s stock valued at $547,000 after buying an additional 5,403 shares during the last quarter. Capital Investment Advisors LLC raised its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 4.1% in the 3rd quarter. Capital Investment Advisors LLC now owns 149,822 shares of the company’s stock valued at $1,897,000 after buying an additional 5,942 shares during the last quarter. Summit Financial Wealth Advisors LLC raised its position in Nuveen Amt-Free Quality Municpl Incm Fnd by 9.9% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 80,219 shares of the company’s stock valued at $965,000 after buying an additional 7,201 shares during the last quarter. Finally, Raymond James & Associates grew its stake in Nuveen Amt-Free Quality Municpl Incm Fnd by 2.0% in the 2nd quarter. Raymond James & Associates now owns 366,027 shares of the company’s stock valued at $4,762,000 after purchasing an additional 7,202 shares during the period.

Shares of NYSE:NEA opened at $12.53 on Wednesday. Nuveen Amt-Free Quality Municpl Incm Fnd has a 1 year low of $12.03 and a 1 year high of $13.91.

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 3rd. Shareholders of record on Thursday, November 15th were paid a $0.054 dividend. The ex-dividend date of this dividend was Wednesday, November 14th. This represents a $0.65 dividend on an annualized basis and a yield of 5.17%.

COPYRIGHT VIOLATION WARNING: This piece was reported by Watch List News and is the property of of Watch List News. If you are reading this piece on another domain, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this piece can be read at https://www.watchlistnews.com/pnc-financial-services-group-inc-has-4-83-million-position-in-nuveen-amt-free-quality-municpl-incm-fnd-nea/2662753.html.

Nuveen Amt-Free Quality Municpl Incm Fnd Company Profile

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.

Read More: Market Capitalization

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 MarketBeat.com's FREE daily email newsletter.