Janney Montgomery Scott LLC Boosts Stock Position in Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

Janney Montgomery Scott LLC raised its position in shares of Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) by 27.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 115,946 shares of the investment management company’s stock after purchasing an additional 25,313 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Nuveen Intermediate Duration Munpl Tm Fd were worth $1,592,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. FCA Corp TX grew its stake in Nuveen Intermediate Duration Munpl Tm Fd by 1.6% during the 2nd quarter. FCA Corp TX now owns 130,222 shares of the investment management company’s stock valued at $1,749,000 after purchasing an additional 2,040 shares during the last quarter. Tortoise Investment Management LLC boosted its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 27.8% in the second quarter. Tortoise Investment Management LLC now owns 130,918 shares of the investment management company’s stock worth $1,758,000 after buying an additional 28,500 shares during the last quarter. Morgan Stanley boosted its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 2.7% in the second quarter. Morgan Stanley now owns 1,771,609 shares of the investment management company’s stock worth $23,793,000 after buying an additional 47,009 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 4.9% in the second quarter. Van ECK Associates Corp now owns 197,314 shares of the investment management company’s stock worth $2,650,000 after buying an additional 9,163 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Nuveen Intermediate Duration Munpl Tm Fd by 40.0% in the second quarter. LPL Financial LLC now owns 26,749 shares of the investment management company’s stock worth $359,000 after buying an additional 7,644 shares during the last quarter.

Shares of NID opened at $13.82 on Friday. Nuveen Intermediate Duration Munpl Tm Fd has a 52 week low of $12.13 and a 52 week high of $13.93. The stock’s 50-day moving average price is $13.70 and its 200-day moving average price is $13.52.

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.043 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.73%.

Nuveen Intermediate Duration Munpl Tm Fd Profile

Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

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Institutional Ownership by Quarter for Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

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