Nuveen New York AMT-Free Quality Municipal Income Fund to Issue Monthly Dividend of $0.07 (NYSE:NRK)

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be given a dividend of 0.069 per share by the financial services provider on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Friday, May 15th.

Nuveen New York AMT-Free Quality Municipal Income Fund Stock Down 0.0%

Shares of Nuveen New York AMT-Free Quality Municipal Income Fund stock traded down $0.01 during trading hours on Wednesday, reaching $10.61. The company’s stock had a trading volume of 116,178 shares, compared to its average volume of 350,641. Nuveen New York AMT-Free Quality Municipal Income Fund has a one year low of $9.30 and a one year high of $10.77. The stock’s fifty day simple moving average is $10.42 and its two-hundred day simple moving average is $10.26.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Mathes Company Inc. grew its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 4.5% in the 3rd quarter. Mathes Company Inc. now owns 23,000 shares of the financial services provider’s stock worth $235,000 after buying an additional 1,000 shares in the last quarter. Clear Creek Financial Management LLC grew its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 6.0% in the 4th quarter. Clear Creek Financial Management LLC now owns 17,800 shares of the financial services provider’s stock worth $180,000 after buying an additional 1,000 shares in the last quarter. Cetera Investment Advisers grew its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 6.7% in the 2nd quarter. Cetera Investment Advisers now owns 17,174 shares of the financial services provider’s stock worth $170,000 after buying an additional 1,077 shares in the last quarter. Cary Street Partners Financial LLC grew its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 3.9% in the 4th quarter. Cary Street Partners Financial LLC now owns 32,349 shares of the financial services provider’s stock worth $326,000 after buying an additional 1,200 shares in the last quarter. Finally, Frisch Financial Group Inc. grew its stake in Nuveen New York AMT-Free Quality Municipal Income Fund by 8.1% in the 3rd quarter. Frisch Financial Group Inc. now owns 17,221 shares of the financial services provider’s stock worth $177,000 after buying an additional 1,297 shares in the last quarter.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE: NRK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State personal income taxes, including the alternative minimum tax. The fund primarily invests in investment-grade municipal securities issued by or on behalf of public authorities and municipalities located in New York. Its portfolio is broadly diversified across metropolitan areas, local school districts, transportation authorities and other state and local entities.

Managed by Nuveen Asset Management LLC, a subsidiary of TIAA that specializes in municipal bond investing, NRK employs a disciplined, quality-focused approach to security selection.