Private Advisor Group LLC raised its position in shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 112.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 69,244 shares of the company’s stock after buying an additional 36,679 shares during the period. Private Advisor Group LLC’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $1,012,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Oxbow Advisors LLC purchased a new position in shares of Nuveen AMT-Free Municipal Credit Income during the second quarter worth $14,452,000. Brand Asset Management Group Inc. purchased a new position in Nuveen AMT-Free Municipal Credit Income in the second quarter valued at $188,000. SG Americas Securities LLC purchased a new position in Nuveen AMT-Free Municipal Credit Income in the second quarter valued at $1,191,000. Sei Investments Co. boosted its holdings in Nuveen AMT-Free Municipal Credit Income by 18.4% in the second quarter. Sei Investments Co. now owns 36,991 shares of the company’s stock valued at $540,000 after purchasing an additional 5,749 shares during the period. Finally, Sigma Planning Corp boosted its holdings in Nuveen AMT-Free Municipal Credit Income by 18.9% in the second quarter. Sigma Planning Corp now owns 30,551 shares of the company’s stock valued at $446,000 after purchasing an additional 4,858 shares during the period.

NYSE:NVG opened at $15.00 on Friday. Nuveen AMT-Free Municipal Credit Income has a 12-month low of $14.06 and a 12-month high of $15.83.

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 4th. Investors of record on Wednesday, August 15th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, August 14th. This represents a $0.78 dividend on an annualized basis and a yield of 5.20%.

Nuveen AMT-Free Municipal Credit Income Company Profile

Nuveen AMT-Free Municipal Credit Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years.

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Want to see what other hedge funds are holding NVG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG).

Institutional Ownership by Quarter for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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