Nuveen Municipal Credit Opportunities Fund (NMCO) To Go Ex-Dividend on March 13th

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be paid a dividend of 0.0685 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Friday, March 13th.

Nuveen Municipal Credit Opportunities Fund Stock Down 1.1%

Shares of NYSE NMCO traded down $0.12 during mid-day trading on Wednesday, hitting $10.75. 91,288 shares of the company’s stock traded hands, compared to its average volume of 147,133. Nuveen Municipal Credit Opportunities Fund has a 1 year low of $9.69 and a 1 year high of $11.27. The company’s 50-day moving average is $10.59 and its two-hundred day moving average is $10.64.

Insider Activity at Nuveen Municipal Credit Opportunities Fund

In other news, insider Terence J. Toth sold 7,925 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $10.68, for a total transaction of $84,639.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Institutional Investors Weigh In On Nuveen Municipal Credit Opportunities Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Bernard Wealth Management Corp. boosted its holdings in Nuveen Municipal Credit Opportunities Fund by 85.7% during the 3rd quarter. Bernard Wealth Management Corp. now owns 5,200 shares of the company’s stock valued at $56,000 after acquiring an additional 2,400 shares during the period. Hollencrest Capital Management boosted its stake in shares of Nuveen Municipal Credit Opportunities Fund by 122.8% during the fourth quarter. Hollencrest Capital Management now owns 8,330 shares of the company’s stock valued at $85,000 after purchasing an additional 4,591 shares during the period. Wolverine Asset Management LLC bought a new position in shares of Nuveen Municipal Credit Opportunities Fund in the fourth quarter worth about $101,000. Pasadena Private Wealth LLC purchased a new position in Nuveen Municipal Credit Opportunities Fund in the 4th quarter worth about $102,000. Finally, Virtu Financial LLC purchased a new stake in shares of Nuveen Municipal Credit Opportunities Fund in the fourth quarter valued at approximately $108,000.

About Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) is a closed-end management investment company that seeks to provide high current income exempt from federal income tax and, to the extent reasonably possible, exempt from or subject to limited United States state and local income taxes. The fund pursues its objective by primarily investing in a broad range of municipal securities, including investment-grade and below-investment-grade debt obligations issued by states, municipalities, public authorities and other political subdivisions across the United States.

NMCO’s portfolio construction emphasizes credit selection and active management strategies to target undervalued opportunities in both public and private municipal markets.