Nuveen New York AMT-Free Quality Municipal Income Fund Declares Monthly Dividend of $0.07 (NYSE:NRK)

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0655 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Wednesday, July 15th.

Nuveen New York AMT-Free Quality Municipal Income Fund Price Performance

NRK stock opened at $10.76 on Thursday. Nuveen New York AMT-Free Quality Municipal Income Fund has a twelve month low of $9.30 and a twelve month high of $10.77. The company’s 50 day moving average is $10.56 and its two-hundred day moving average is $10.36.

Institutional Investors Weigh In On Nuveen New York AMT-Free Quality Municipal Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC acquired a new position in Nuveen New York AMT-Free Quality Municipal Income Fund in the first quarter valued at $70,000. Cetera Investment Advisers increased its position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 57.7% during the first quarter. Cetera Investment Advisers now owns 103,353 shares of the financial services provider’s stock worth $1,055,000 after purchasing an additional 37,828 shares in the last quarter. NewEdge Wealth LLC lifted its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 2.4% in the 1st quarter. NewEdge Wealth LLC now owns 71,251 shares of the financial services provider’s stock valued at $727,000 after purchasing an additional 1,655 shares during the last quarter. PFG Investments LLC lifted its holdings in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 6.7% in the 1st quarter. PFG Investments LLC now owns 261,307 shares of the financial services provider’s stock valued at $2,668,000 after purchasing an additional 16,363 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Nuveen New York AMT-Free Quality Municipal Income Fund by 31.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 40,398 shares of the financial services provider’s stock valued at $412,000 after purchasing an additional 9,714 shares during the period.

Nuveen New York AMT-Free Quality Municipal Income Fund Company Profile

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE: NRK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State personal income taxes, including the alternative minimum tax. The fund primarily invests in investment-grade municipal securities issued by or on behalf of public authorities and municipalities located in New York. Its portfolio is broadly diversified across metropolitan areas, local school districts, transportation authorities and other state and local entities.

Managed by Nuveen Asset Management LLC, a subsidiary of TIAA that specializes in municipal bond investing, NRK employs a disciplined, quality-focused approach to security selection.