Tortoise Investment Management LLC reduced its position in Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) by 24.5% during the second quarter, Holdings Channel reports. The firm owned 101,964 shares of the investment management company’s stock after selling 33,135 shares during the period. Tortoise Investment Management LLC’s holdings in Nuveen Enhanced Municipal Crdt Opptys Fd were worth $1,521,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Harbour Capital Advisors LLC boosted its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 1,392.0% in the second quarter. Harbour Capital Advisors LLC now owns 53,443 shares of the investment management company’s stock worth $3,582,000 after buying an additional 49,861 shares during the period. First Trust Advisors LP boosted its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 29.1% in the second quarter. First Trust Advisors LP now owns 92,460 shares of the investment management company’s stock worth $1,380,000 after buying an additional 20,863 shares during the period. IFC Holdings Incorporated FL bought a new position in Nuveen Enhanced Municipal Crdt Opptys Fd during the second quarter worth $202,000. Chicago Partners Investment Group LLC boosted its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 10,212.5% in the second quarter. Chicago Partners Investment Group LLC now owns 13,200 shares of the investment management company’s stock worth $192,000 after buying an additional 13,072 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Nuveen Enhanced Municipal Crdt Opptys Fd by 16.2% in the second quarter. Janney Montgomery Scott LLC now owns 26,687 shares of the investment management company’s stock worth $398,000 after buying an additional 3,712 shares during the period.

Nuveen Enhanced Municipal Crdt Opptys Fd (NZF) opened at 15.05 on Friday. The stock has a 50 day moving average price of $15.09 and a 200-day moving average price of $14.67. Nuveen Enhanced Municipal Crdt Opptys Fd has a 12-month low of $13.65 and a 12-month high of $16.05.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.074 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 5.90%.

WARNING: “Tortoise Investment Management LLC Has $1.52 Million Stake in Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF)” was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/08/13/tortoise-investment-management-llc-has-1-52-million-stake-in-nuveen-enhanced-municipal-crdt-opptys-fd-nysenzf.html.

Nuveen Enhanced Municipal Crdt Opptys Fd Company Profile

Nuveen Municipal Credit Income Fund, formerly Nuveen Enhanced Municipal Credit Opportunities Fund, is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain the United States territories.

Want to see what other hedge funds are holding NZF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF).

Institutional Ownership by Quarter for Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF)

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