Cambridge Investment Research Advisors Inc. Acquires 12,616 Shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

Cambridge Investment Research Advisors Inc. grew its holdings in Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 11.7% during the 4th quarter, Holdings Channel reports. The fund owned 120,176 shares of the company’s stock after buying an additional 12,616 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $2,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. First Trust Advisors LP lifted its position in Nuveen AMT-Free Municipal Credit Income by 36.5% in the 1st quarter. First Trust Advisors LP now owns 91,928 shares of the company’s stock valued at $1,389,000 after acquiring an additional 24,573 shares in the last quarter. Northern Trust Corp lifted its position in shares of Nuveen AMT-Free Municipal Credit Income by 57.2% during the 2nd quarter. Northern Trust Corp now owns 43,226 shares of the company’s stock worth $686,000 after buying an additional 15,735 shares in the last quarter. Strategic Blueprint LLC bought a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 3rd quarter worth approximately $35,000. Riverstone Advisors LLC lifted its position in shares of Nuveen AMT-Free Municipal Credit Income by 30.7% during the 3rd quarter. Riverstone Advisors LLC now owns 17,896 shares of the company’s stock worth $299,000 after buying an additional 4,200 shares in the last quarter. Finally, Selective Wealth Management Inc. bought a new position in shares of Nuveen AMT-Free Municipal Credit Income during the 3rd quarter worth approximately $121,000.

Nuveen AMT-Free Municipal Credit Income stock opened at $16.80 on Friday. Nuveen AMT-Free Municipal Credit Income has a 52 week low of $14.40 and a 52 week high of $17.04. The company’s 50 day moving average price is $16.81 and its two-hundred day moving average price is $16.56.

The company also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 14th will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.78 annualized dividend and a dividend yield of 4.64%.

Nuveen AMT-Free Municipal Credit Income 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.

Featured Article: Roth IRA

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)

Receive News & Ratings for Nuveen AMT-Free Municipal Credit Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen AMT-Free Municipal Credit Income and related companies with MarketBeat.com's FREE daily email newsletter.