Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) Reaches New 52-Week Low at $13.79

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $13.79 and last traded at $13.79, with a volume of 470 shares trading hands. The stock had previously closed at $13.93.

The stock has a 50 day moving average of $14.56 and a 200-day moving average of $14.91.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 1st. Investors of record on Tuesday, February 15th will be paid a dividend of $0.052 per share. The ex-dividend date of this dividend is Monday, February 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.57%.

Several large investors have recently made changes to their positions in the stock. Private Advisor Group LLC grew its stake in shares of Nuveen Pennsylvania Quality Municipal Income Fund by 9.5% during the 4th quarter. Private Advisor Group LLC now owns 19,082 shares of the financial services provider’s stock valued at $284,000 after acquiring an additional 1,659 shares during the period. Confluence Wealth Services Inc. bought a new position in shares of Nuveen Pennsylvania Quality Municipal Income Fund during the 4th quarter valued at approximately $49,000. Allegheny Financial Group LTD bought a new position in shares of Nuveen Pennsylvania Quality Municipal Income Fund during the 4th quarter valued at approximately $33,000. Fiera Capital Corp boosted its stake in Nuveen Pennsylvania Quality Municipal Income Fund by 425.5% in the 4th quarter. Fiera Capital Corp now owns 101,280 shares of the financial services provider’s stock worth $1,509,000 after purchasing an additional 82,007 shares during the period. Finally, Guyasuta Investment Advisors Inc. bought a new position in Nuveen Pennsylvania Quality Municipal Income Fund in the 4th quarter worth approximately $307,000.

Nuveen Pennsylvania Quality Municipal Income Fund Company Profile (NYSE:NQP)

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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