Rivernorth Capital Management LLC Has $5.06 Million Position in Nuveen North Carol Premium Incom Mun Fd (NYSE:NNC)

Rivernorth Capital Management LLC raised its stake in shares of Nuveen North Carol Premium Incom Mun Fd (NYSE:NNC) by 118.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 379,343 shares of the financial services provider’s stock after buying an additional 205,634 shares during the quarter. Rivernorth Capital Management LLC owned about 2.34% of Nuveen North Carol Premium Incom Mun Fd worth $5,057,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Advisor Group Inc. grew its position in shares of Nuveen North Carol Premium Incom Mun Fd by 566.9% during the 2nd quarter. Advisor Group Inc. now owns 10,030 shares of the financial services provider’s stock worth $134,000 after buying an additional 8,526 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Nuveen North Carol Premium Incom Mun Fd by 30.0% during the 2nd quarter. Wells Fargo & Company MN now owns 732,570 shares of the financial services provider’s stock valued at $9,764,000 after purchasing an additional 169,103 shares in the last quarter. Private Portfolio Partners LLC bought a new position in shares of Nuveen North Carol Premium Incom Mun Fd during the 1st quarter valued at about $144,000. Almitas Capital LLC lifted its holdings in shares of Nuveen North Carol Premium Incom Mun Fd by 71.3% during the 1st quarter. Almitas Capital LLC now owns 135,139 shares of the financial services provider’s stock valued at $1,722,000 after purchasing an additional 56,231 shares in the last quarter. Finally, Family Management Corp bought a new position in shares of Nuveen North Carol Premium Incom Mun Fd during the 1st quarter valued at about $338,000. Institutional investors own 18.27% of the company’s stock.

Shares of NYSE:NNC traded down $0.02 during trading on Friday, hitting $13.36. 100 shares of the company’s stock traded hands, compared to its average volume of 50,654. Nuveen North Carol Premium Incom Mun Fd has a 52 week low of $11.60 and a 52 week high of $13.88. The company has a 50-day moving average price of $13.66 and a 200-day moving average price of $13.13.

The firm also recently disclosed a — dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be issued a dividend of $0.039 per share. This represents a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, September 12th.

Nuveen North Carol Premium Incom Mun Fd Company Profile

Nuveen North Carolina Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of North Carolina. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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Institutional Ownership by Quarter for Nuveen North Carol Premium Incom Mun Fd (NYSE:NNC)

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