Nuveen California Quality Municipal Income Fund (NAC) To Go Ex-Dividend on December 15th

Nuveen California Quality Municipal Income Fund (NYSE:NAC) announced a monthly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be given a dividend of 0.0735 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Monday, December 15th.

Nuveen California Quality Municipal Income Fund Stock Down 0.6%

Shares of NAC stock traded down $0.08 during mid-day trading on Friday, reaching $11.91. The stock had a trading volume of 571,638 shares, compared to its average volume of 452,853. Nuveen California Quality Municipal Income Fund has a 1-year low of $10.35 and a 1-year high of $12.25. The business’s fifty day moving average is $11.85 and its 200-day moving average is $11.40.

Institutional Trading of Nuveen California Quality Municipal Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Highline Wealth Partners LLC purchased a new position in shares of Nuveen California Quality Municipal Income Fund during the third quarter worth $29,000. Ameriflex Group Inc. lifted its holdings in shares of Nuveen California Quality Municipal Income Fund by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 2,800 shares of the company’s stock valued at $32,000 after buying an additional 1,400 shares during the period. US Bancorp DE lifted its holdings in shares of Nuveen California Quality Municipal Income Fund by 52.9% in the 1st quarter. US Bancorp DE now owns 4,400 shares of the company’s stock valued at $49,000 after buying an additional 1,523 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Nuveen California Quality Municipal Income Fund by 484.3% in the third quarter. Smartleaf Asset Management LLC now owns 7,245 shares of the company’s stock worth $82,000 after buying an additional 6,005 shares during the last quarter. Finally, Sanders Morris Harris LLC acquired a new stake in Nuveen California Quality Municipal Income Fund during the third quarter worth about $115,000.

About Nuveen California Quality Municipal Income Fund

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.