BB&T Securities LLC trimmed its holdings in shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 4.1% in the second quarter, HoldingsChannel reports. The firm owned 118,841 shares of the company’s stock after selling 5,044 shares during the period. BB&T Securities LLC’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $1,733,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of NVG. Oxbow Advisors LLC purchased a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 2nd quarter worth approximately $14,452,000. NINE MASTS CAPITAL Ltd purchased a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 2nd quarter worth approximately $4,065,000. Ibex Wealth Advisors purchased a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 1st quarter worth approximately $1,623,000. Landscape Capital Management L.L.C. increased its stake in shares of Nuveen AMT-Free Municipal Credit Income by 246.5% during the 1st quarter. Landscape Capital Management L.L.C. now owns 147,042 shares of the company’s stock worth $2,134,000 after purchasing an additional 104,607 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 2nd quarter worth approximately $1,191,000.

Shares of NVG opened at $14.80 on Monday. Nuveen AMT-Free Municipal Credit Income has a 1-year low of $14.06 and a 1-year high of $15.74.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 1st. Stockholders of record on Friday, September 14th will be paid a dividend of $0.0655 per share. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.31%. This is a boost from Nuveen AMT-Free Municipal Credit Income’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Thursday, September 13th.

About Nuveen AMT-Free Municipal Credit Income

Nuveen AMT-Free Municipal Credit 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 the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years.

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Want to see what other hedge funds are holding NVG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG).

Institutional Ownership by Quarter for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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