Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its holdings in shares of Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) by 3.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 351,122 shares of the company’s stock after selling 10,866 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Nuveen Amt-Free Quality Municpl Incm Fnd were worth $4,754,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV boosted its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 6.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,929 shares of the company’s stock worth $215,000 after acquiring an additional 841 shares in the last quarter. Mid Atlantic Financial Management Inc. ADV boosted its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 1.7% during the 4th quarter. Mid Atlantic Financial Management Inc. ADV now owns 61,879 shares of the company’s stock worth $890,000 after acquiring an additional 1,038 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 3.0% during the 4th quarter. Alliancebernstein L.P. now owns 36,475 shares of the company’s stock worth $525,000 after acquiring an additional 1,076 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 1.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 74,563 shares of the company’s stock worth $1,072,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Hollencrest Capital Management boosted its position in shares of Nuveen Amt-Free Quality Municpl Incm Fnd by 2.3% in the 1st quarter. Hollencrest Capital Management now owns 50,044 shares of the company’s stock valued at $678,000 after purchasing an additional 1,106 shares during the period.

Shares of NYSE NEA opened at $13.58 on Friday. Nuveen Amt-Free Quality Municpl Incm Fnd has a 52-week low of $10.51 and a 52-week high of $15.06. The business has a 50-day moving average price of $13.31 and a 200 day moving average price of $14.00.

The company also recently announced a monthly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be given a $0.056 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This is a boost from Nuveen Amt-Free Quality Municpl Incm Fnd’s previous monthly dividend of $0.05. This represents a $0.67 dividend on an annualized basis and a dividend yield of 4.95%.

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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