Wetherby Asset Management Inc. Buys Shares of 29,000 Nuveen California Quality Muncpl IncmFnd (NYSE:NAC)

Wetherby Asset Management Inc. bought a new stake in shares of Nuveen California Quality Muncpl IncmFnd (NYSE:NAC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 29,000 shares of the company’s stock, valued at approximately $420,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in NAC. Whittier Trust Co. raised its stake in Nuveen California Quality Muncpl IncmFnd by 17.5% during the 2nd quarter. Whittier Trust Co. now owns 618,198 shares of the company’s stock valued at $8,951,000 after buying an additional 92,286 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in shares of Nuveen California Quality Muncpl IncmFnd during the 1st quarter valued at about $998,000. Private Wealth Partners LLC bought a new position in shares of Nuveen California Quality Muncpl IncmFnd during the 1st quarter valued at about $570,000. Stifel Financial Corp boosted its holdings in shares of Nuveen California Quality Muncpl IncmFnd by 117.7% during the 4th quarter. Stifel Financial Corp now owns 33,997 shares of the company’s stock valued at $435,000 after purchasing an additional 18,384 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Nuveen California Quality Muncpl IncmFnd in the 1st quarter valued at about $248,000.

Nuveen California Quality Muncpl IncmFnd stock remained flat at $$15.10 during midday trading on Friday. 103,676 shares of the company were exchanged, compared to its average volume of 241,906. Nuveen California Quality Muncpl IncmFnd has a 12 month low of $12.25 and a 12 month high of $15.10. The business’s 50-day moving average is $14.65.

The company also recently disclosed a dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be given a $0.056 dividend. The ex-dividend date of this dividend is Wednesday, August 14th.

Nuveen California Quality Muncpl IncmFnd Profile

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.

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Institutional Ownership by Quarter for Nuveen California Quality Muncpl IncmFnd (NYSE:NAC)

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