Nuveen California Quality Mncpl Incm Fnd (NYSE:NAC) Director Michael John Saliken sold 110,000 shares of the company’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1.12, for a total transaction of $123,200.00.

Shares of Nuveen California Quality Mncpl Incm Fnd (NAC) opened at $13.61 on Wednesday. Nuveen California Quality Mncpl Incm Fnd has a 12 month low of $13.26 and a 12 month high of $15.58.

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be paid a dividend of $0.0585 per share. This represents a $0.70 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date is Wednesday, February 14th.

Institutional investors have recently added to or reduced their stakes in the stock. Tortoise Investment Management LLC purchased a new stake in Nuveen California Quality Mncpl Incm Fnd during the fourth quarter valued at $163,000. Leisure Capital Management purchased a new stake in Nuveen California Quality Mncpl Incm Fnd during the third quarter valued at $173,000. Bank of New York Mellon Corp purchased a new stake in Nuveen California Quality Mncpl Incm Fnd during the second quarter valued at $202,000. Ameriprise Financial Inc. raised its stake in Nuveen California Quality Mncpl Incm Fnd by 18.9% during the second quarter. Ameriprise Financial Inc. now owns 14,682 shares of the company’s stock valued at $221,000 after purchasing an additional 2,332 shares in the last quarter. Finally, Mutual Advisors LLC purchased a new stake in Nuveen California Quality Mncpl Incm Fnd during the fourth quarter valued at $229,000.

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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.

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