Nuveen Municipal High Income Opportunity Fund (NMZ) To Go Ex-Dividend on December 15th

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) announced a monthly dividend on Monday, December 1st. Stockholders of record on Monday, December 15th will be given a dividend of 0.0655 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen Municipal High Income Opportunity Fund Stock Performance

Shares of NYSE:NMZ traded down $0.03 during trading on Friday, reaching $10.55. 286,893 shares of the company traded hands, compared to its average volume of 316,001. Nuveen Municipal High Income Opportunity Fund has a 52-week low of $9.36 and a 52-week high of $11.39. The business’s fifty day moving average is $10.61 and its 200-day moving average is $10.37.

Insider Transactions at Nuveen Municipal High Income Opportunity Fund

In other news, major shareholder Of America Corp /De/ Bank purchased 6,440 shares of the business’s stock in a transaction on Friday, October 10th. The shares were acquired at an average price of $10.56 per share, with a total value of $68,006.40. Following the acquisition, the insider directly owned 6,440 shares in the company, valued at approximately $68,006.40. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last 90 days, insiders have acquired 17,414 shares of company stock valued at $184,766.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC purchased a new stake in shares of Nuveen Municipal High Income Opportunity Fund in the third quarter worth $74,000. Camelot Portfolios LLC raised its position in shares of Nuveen Municipal High Income Opportunity Fund by 5.3% in the 3rd quarter. Camelot Portfolios LLC now owns 78,013 shares of the company’s stock worth $826,000 after purchasing an additional 3,941 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in Nuveen Municipal High Income Opportunity Fund by 21.9% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 16,907 shares of the company’s stock worth $179,000 after purchasing an additional 3,034 shares in the last quarter. Williams Jones Wealth Management LLC. purchased a new stake in Nuveen Municipal High Income Opportunity Fund during the 3rd quarter valued at about $370,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Nuveen Municipal High Income Opportunity Fund by 246.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 239,326 shares of the company’s stock valued at $2,534,000 after purchasing an additional 170,236 shares in the last quarter.

About Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal High Income Opportunity Fund is a closed-end 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 primarily invests in investment grade tax-exempt municipal securities.