The price of Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO) shares last traded on Wall Street rose 0.99% to $12.21.
NUO stock price is now 1.97% away from the 50-day moving average and -6.26% away from the 200-day moving average. The market capitalization of the company currently stands at $223.23M.
In other news, Robert Young L, Trustee bought 14,060 shares of the company’s stock on Jun 06. The stock was bought for $184,748 at an average price of $13.14. Upon completion of the transaction, the Trustee now directly owns 14,060 shares in the company, valued at $0.17 million.
There have been several recent changes in the stakes of large investors in NUO stock. A new stake in Nuveen Ohio Quality Municipal Income Fund shares was purchased by INVESTMENT PARTNERS, LTD. during the first quarter worth $210,000. M&T BANK CORP invested $169,000 in shares of NUO during the first quarter. In the first quarter, CORECAP ADVISORS, LLC acquired a new stake in Nuveen Ohio Quality Municipal Income Fund valued at approximately $26,000. CLEARSTEAD ADVISORS, LLC acquired a new stake in NUO for approximately $8,000. In total, there are 56 active investors with 27.00% ownership of the company’s stock.
A candlestick chart of Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) showed a price of $12.27 on Tuesday morning. During the past 12 months, Nuveen Ohio Quality Municipal Income Fund has had a low of $11.56 and a high of $16.30. The fifty day moving average price for NUO is $11.97 and a two-hundred day moving average price translates $13.03 for the stock.
The latest earnings results from Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) was released for Feb, 2022.
Moreover, the firm recently paid out its quarterly dividend on 12/01/2022. Investors who held shares on 11/15/2022 were paid a $0.0325 dividend. On an annualized basis, this represents a $0.39 dividend and a 3.19% percent yield. There was an ex-dividend date of 11/14/2022 for this dividend.
Nuveen Ohio Quality Municipal Income Fund(NUO) Company Profile
Nuveen Ohio Quality Municipal 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 Ohio. The fund invests in tax exempt municipal bonds. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor’s Ohio Municipal Bond Index and Standard & Poor’s National Municipal Bond Index. The fund was formerly known as Nuveen Ohio Quality Income Municipal Fund. Nuveen Ohio Quality Municipal Income Fund was formed on October 17, 1991 and is domiciled in the United States.