Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.83 and traded as low as $12.83. Nuveen AMT-Free Municipal Credit Income Fund shares last traded at $12.86, with a volume of 223,152 shares changing hands.

Nuveen AMT-Free Municipal Credit Income Fund Stock Up 0.0 %

The company’s 50 day moving average price is $12.47 and its 200 day moving average price is $12.83.

Nuveen AMT-Free Municipal Credit Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.079 per share. This represents a $0.95 annualized dividend and a yield of 7.37%. The ex-dividend date of this dividend is Friday, February 14th.

Institutional Trading of Nuveen AMT-Free Municipal Credit Income Fund

Hedge funds have recently modified their holdings of the business. Captrust Financial Advisors lifted its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 0.8% in the fourth quarter. Captrust Financial Advisors now owns 105,616 shares of the company’s stock valued at $1,295,000 after acquiring an additional 804 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Nuveen AMT-Free Municipal Credit Income Fund by 2.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 46,263 shares of the company’s stock worth $619,000 after acquiring an additional 951 shares in the last quarter. Community Bank N.A. increased its stake in Nuveen AMT-Free Municipal Credit Income Fund by 25.0% in the 4th quarter. Community Bank N.A. now owns 5,000 shares of the company’s stock valued at $61,000 after purchasing an additional 1,000 shares in the last quarter. XML Financial LLC raised its holdings in Nuveen AMT-Free Municipal Credit Income Fund by 9.0% during the fourth quarter. XML Financial LLC now owns 12,156 shares of the company’s stock worth $149,000 after purchasing an additional 1,003 shares during the last quarter. Finally, Kercheville Advisors LLC boosted its position in Nuveen AMT-Free Municipal Credit Income Fund by 4.2% during the fourth quarter. Kercheville Advisors LLC now owns 25,499 shares of the company’s stock worth $313,000 after purchasing an additional 1,027 shares in the last quarter.

About Nuveen AMT-Free Municipal Credit Income Fund

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.