Janney Montgomery Scott LLC boosted its stake in Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 12.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 185,646 shares of the company’s stock after purchasing an additional 20,119 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Nuveen Amt-Free Quality Municpl Incm Fnd were worth $2,580,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in NEA. Total Clarity Wealth Management Inc. bought a new stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the 4th quarter worth about $26,000. Ameritas Investment Company LLC bought a new stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the 1st quarter worth about $27,000. Verus Capital Partners LLC bought a new stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the 4th quarter worth about $28,000. Reilly Financial Advisors LLC bought a new stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the 1st quarter worth about $30,000. Finally, WASHINGTON TRUST Co bought a new stake in shares of Nuveen Amt-Free Quality Municpl Incm Fnd in the 1st quarter worth about $40,000.

Nuveen Amt-Free Quality Municpl Incm Fnd stock opened at $14.54 on Friday. The company’s 50-day moving average price is $14.06 and its 200-day moving average price is $13.92. Nuveen Amt-Free Quality Municpl Incm Fnd has a twelve month low of $10.51 and a twelve month high of $15.06.

The firm also recently announced a monthly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Wednesday, July 15th will be issued a $0.056 dividend. The ex-dividend date is Tuesday, July 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 4.62%.

About Nuveen Amt-Free Quality Municpl Incm Fnd

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.

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Institutional Ownership by Quarter for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA)

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