Sheaff Brock Investment Advisors LLC lifted its holdings in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 27.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,564 shares of the company’s stock after acquiring an additional 5,076 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Nuveen Amt-Free Quality Municpl Incm Fnd were worth $323,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in NEA. Bronfman E.L. Rothschild L.P. grew its stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 299.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 7,476 shares of the company’s stock valued at $102,000 after acquiring an additional 5,605 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 0.5% in the second quarter. Oppenheimer & Co. Inc. now owns 12,716 shares of the company’s stock valued at $174,000 after acquiring an additional 57 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 2.3% in the second quarter. Stratos Wealth Partners LTD. now owns 14,757 shares of the company’s stock valued at $202,000 after acquiring an additional 328 shares in the last quarter. Brave Asset Management Inc. acquired a new position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the second quarter valued at about $216,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the second quarter valued at about $350,000.

Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) opened at 14.12 on Monday. Nuveen Amt-Free Quality Municpl Incm Fnd has a 1-year low of $12.94 and a 1-year high of $14.83. The company has a 50 day moving average of $13.90 and a 200 day moving average of $13.61.

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be issued a $0.058 dividend. This represents a $0.70 annualized dividend and a yield of 4.93%. The ex-dividend date is Thursday, September 14th.

TRADEMARK VIOLATION NOTICE: “Sheaff Brock Investment Advisors LLC Grows Position in Nuveen Amt-Free Quality Municpl Incm Fnd (NEA)” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/09/11/sheaff-brock-investment-advisors-llc-grows-position-in-nuveen-amt-free-quality-municpl-incm-fnd-nea.html.

Nuveen Amt-Free Quality Municpl Incm Fnd Profile

Nuveen AMT-Free Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund’s investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund’s investment advisor believes are underrated or undervalued or that represent municipal market sectors that are undervalued.

Want to see what other hedge funds are holding NEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA).

Institutional Ownership by Quarter for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA)

Receive News & Stock Ratings for Nuveen Amt-Free Quality Municpl Incm Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Amt-Free Quality Municpl Incm Fnd and related stocks with our FREE daily email newsletter.