Robinson Capital Management LLC lowered its stake in shares of Nuveen California Quality Muncpl IncmFnd (NYSE:NAC) by 51.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,677 shares of the company’s stock after selling 194,500 shares during the period. Robinson Capital Management LLC’s holdings in Nuveen California Quality Muncpl IncmFnd were worth $2,735,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Rivernorth Capital Management LLC raised its stake in Nuveen California Quality Muncpl IncmFnd by 23.8% during the third quarter. Rivernorth Capital Management LLC now owns 939,806 shares of the company’s stock worth $14,088,000 after purchasing an additional 180,548 shares during the period. Whittier Trust Co. raised its stake in Nuveen California Quality Muncpl IncmFnd by 2.3% during the fourth quarter. Whittier Trust Co. now owns 622,365 shares of the company’s stock worth $9,267,000 after purchasing an additional 14,149 shares during the period. Pacific Wealth Strategies Group Inc. raised its stake in Nuveen California Quality Muncpl IncmFnd by 0.3% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 455,450 shares of the company’s stock worth $6,782,000 after purchasing an additional 1,510 shares during the period. Ieq Capital LLC purchased a new position in Nuveen California Quality Muncpl IncmFnd during the fourth quarter worth approximately $4,796,000. Finally, Wedbush Securities Inc. raised its stake in Nuveen California Quality Muncpl IncmFnd by 2.0% during the third quarter. Wedbush Securities Inc. now owns 202,080 shares of the company’s stock worth $3,029,000 after purchasing an additional 3,894 shares during the period.

NYSE:NAC traded down $0.07 during trading hours on Friday, reaching $15.34. 177,610 shares of the company were exchanged, compared to its average volume of 173,207. Nuveen California Quality Muncpl IncmFnd has a 52-week low of $13.23 and a 52-week high of $15.54. The stock has a 50 day simple moving average of $15.14 and a 200 day simple moving average of $14.97.

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.052 per share. This represents a $0.62 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Thursday, February 13th.

Nuveen California Quality Muncpl IncmFnd Company Profile

Nuveen California Quality Municipal 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.

Recommended Story: Bid-Ask Spread

Want to see what other hedge funds are holding NAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen California Quality Muncpl IncmFnd (NYSE:NAC).

Institutional Ownership by Quarter for Nuveen California Quality Muncpl IncmFnd (NYSE:NAC)

Receive News & Ratings for Nuveen California Quality Muncpl IncmFnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen California Quality Muncpl IncmFnd and related companies with MarketBeat.com's FREE daily email newsletter.