Nuveen Connecticut Premium Income Mun Fd (NYSE:NTC)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $13.52. Nuveen Connecticut Premium Income Mun Fd shares last traded at $13.52, with a volume of 203 shares.

The stock has a 50-day simple moving average of $13.22.

A number of large investors have recently added to or reduced their stakes in NTC. Sit Investment Associates Inc. increased its position in shares of Nuveen Connecticut Premium Income Mun Fd by 8.4% in the first quarter. Sit Investment Associates Inc. now owns 546,688 shares of the investment management company’s stock valued at $6,588,000 after buying an additional 42,256 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Nuveen Connecticut Premium Income Mun Fd by 4.8% in the first quarter. Janney Montgomery Scott LLC now owns 62,866 shares of the investment management company’s stock valued at $758,000 after buying an additional 2,894 shares in the last quarter. Next Capital Management LLC increased its position in shares of Nuveen Connecticut Premium Income Mun Fd by 28.8% in the second quarter. Next Capital Management LLC now owns 56,364 shares of the investment management company’s stock valued at $731,000 after buying an additional 12,599 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Nuveen Connecticut Premium Income Mun Fd by 64.0% in the second quarter. Private Advisor Group LLC now owns 37,922 shares of the investment management company’s stock valued at $492,000 after buying an additional 14,803 shares in the last quarter. Finally, Mathes Company Inc. increased its position in shares of Nuveen Connecticut Premium Income Mun Fd by 8.0% in the first quarter. Mathes Company Inc. now owns 33,936 shares of the investment management company’s stock valued at $409,000 after buying an additional 2,500 shares in the last quarter. Hedge funds and other institutional investors own 29.02% of the company’s stock.

Nuveen Connecticut Premium Income Mun Fd Company Profile (NYSE:NTC)

Nuveen Connecticut Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Connecticut. The fund invests into undervalued municipal securities and other related investments the income from which is exempt from regular federal and Connecticut income taxes.

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