Royal Bank of Canada decreased its position in Nuveen California Quality Mncpl Incm Fnd (NYSE:NAC) by 23.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,962 shares of the company’s stock after selling 40,468 shares during the quarter. Royal Bank of Canada’s holdings in Nuveen California Quality Mncpl Incm Fnd were worth $2,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its stake in Nuveen California Quality Mncpl Incm Fnd by 0.6% in the 2nd quarter. Parallel Advisors LLC now owns 8,967 shares of the company’s stock worth $138,000 after acquiring an additional 53 shares during the last quarter. IFP Advisors Inc increased its position in shares of Nuveen California Quality Mncpl Incm Fnd by 0.6% during the 2nd quarter. IFP Advisors Inc now owns 129,296 shares of the company’s stock valued at $1,945,000 after purchasing an additional 763 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Nuveen California Quality Mncpl Incm Fnd by 7.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,379 shares of the company’s stock valued at $171,000 after purchasing an additional 820 shares during the last quarter. First Trust Advisors LP increased its position in shares of Nuveen California Quality Mncpl Incm Fnd by 19.9% during the 2nd quarter. First Trust Advisors LP now owns 12,786 shares of the company’s stock valued at $192,000 after purchasing an additional 2,122 shares during the last quarter. Finally, Aspiriant LLC increased its position in shares of Nuveen California Quality Mncpl Incm Fnd by 14.9% during the 2nd quarter. Aspiriant LLC now owns 17,556 shares of the company’s stock valued at $264,000 after purchasing an additional 2,273 shares during the last quarter.

WARNING: “Royal Bank of Canada Trims Holdings in Nuveen California Quality Mncpl Incm Fnd (NAC)” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/10/29/royal-bank-of-canada-trims-holdings-in-nuveen-california-quality-mncpl-incm-fnd-nac.html.

Nuveen California Quality Mncpl Incm Fnd (NYSE NAC) opened at 14.58 on Friday. Nuveen California Quality Mncpl Incm Fnd has a 52-week low of $13.75 and a 52-week high of $15.58. The stock’s 50 day moving average price is $15.00 and its 200 day moving average price is $15.02.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, October 13th will be given a $0.062 dividend. The ex-dividend date of this dividend is Thursday, October 12th. This represents a $0.74 annualized dividend and a dividend yield of 5.10%.

About Nuveen California Quality Mncpl Incm Fnd

Nuveen California Quality Municipal Income Fund, formerly Nuveen California Dividend Advantage Municipal Fund, is a closed-ended fund. The Fund provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them. It seeks current income exempt from both regular federal income taxes and California personal income tax and its secondary investment objective is the enhancement of portfolio value.

Institutional Ownership by Quarter for Nuveen California Quality Mncpl Incm Fnd (NYSE:NAC)

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