Private Advisor Group LLC trimmed its position in shares of NUVEEN PA INVT (NYSE:NQP) by 5.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,720 shares of the financial services provider’s stock after selling 1,760 shares during the quarter. Private Advisor Group LLC’s holdings in NUVEEN PA INVT were worth $398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hudock Capital Group LLC raised its stake in shares of NUVEEN PA INVT by 1.1% during the 2nd quarter. Hudock Capital Group LLC now owns 13,366 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 145 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of NUVEEN PA INVT by 3.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 39,677 shares of the financial services provider’s stock worth $531,000 after purchasing an additional 1,422 shares during the period. SG Americas Securities LLC bought a new stake in shares of NUVEEN PA INVT during the 2nd quarter worth $153,000. Tower Bridge Advisors bought a new stake in shares of NUVEEN PA INVT during the 2nd quarter worth $158,000. Finally, Benchmark Capital Advisors bought a new stake in shares of NUVEEN PA INVT during the 2nd quarter worth $222,000. 7.43% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of NUVEEN PA INVT (NQP) opened at 13.72 on Monday. NUVEEN PA INVT has a 1-year low of $12.67 and a 1-year high of $15.05. The stock’s 50 day moving average price is $13.63 and its 200-day moving average price is $13.38.

The business also recently announced a monthly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be paid a $0.0585 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.12%.

NUVEEN PA INVT Profile

Nuveen Pennsylvania Dividend Advantage Municipal Fund (the Fund) is a closed-ended fund. The primary objective of the fund is current income exempt from regular federal income taxes and Pennsylvania personal income taxes. The secondary objective is the enhancement of portfolio value. The Fund invests substantially all of its assets in tax-exempt Pennsylvania municipal obligations rated within the four categories (Baa/BBB or better).

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Institutional Ownership by Quarter for NUVEEN PA INVT (NYSE:NQP)

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