Nuveen Quality Municipal Income Fund (NAD) Forms Bearish Double Bottom at $13.15

May 3, 2018 - By Bridget Boland

During Q4 2017 the big money sentiment decreased to 1.2. That’s change of 0.01, from 2017Q3’s 1.21. 13 investors sold all, 32 reduced holdings as Nuveen Quality Municipal Income Fund ratio worsened. 39 grew stakes while 15 funds acquired stakes. Funds hold 27.18 million shares thus 21.34% more from 2017Q3’s 22.40 million shares.
Bancorp Of America De, North Carolina-based fund reported 1.51M shs. Northeast Fincl Consultants Inc stated it has 0.06% in Nuveen Quality Municipal Income Fund (NYSE:NAD). West Chester Capital owns 0.21% invested in Nuveen Quality Municipal Income Fund (NYSE:NAD) for 15,504 shs. Fifth Third Financial Bank holds 15,853 shs. Davenport & Limited holds 0% or 24,828 shs. Morgan Stanley invested in 0.01% or 3.87M shs. Bank & Trust Of New York Mellon reported 53,220 shs. Wells Fargo & Company Mn, a California-based fund reported 2.94 million shs. North Star Management Corp has invested 0.02% in Nuveen Quality Municipal Income Fund (NYSE:NAD). New England Private Wealth Advsr Ltd Liability stated it has 16,062 shs or 0.06% of all its holdings. Royal Bancorp Of Canada holds 0% in Nuveen Quality Municipal Income Fund (NYSE:NAD) or 354,126 shs. 13,104 are held by Goldman Sachs Gru. Great Lakes Lc holds 84,891 shs. Da Davidson And owns 14,374 shs. City Co invested in 500 shs.

Nuveen Quality Municipal Income Fund registered $30,015 net activity with 2 insider purchases and 0 sales since January 23, 2018. ZIMMERMAN GIFFORD R had bought 2,000 shs worth $27,398.

With $12.75 PT Nuveen Quality Municipal Income Fund (NAD) makes a double bottom. That’s 3.00 % below today’s $13.15 share price. Nuveen Quality Municipal Income Fund (NAD) has $2.66 billion MC. This technical setup was announced on May, 3 by Finviz.com. At $12.75 PT, the company’s valuation could be $79.65M less.

NAD is reaching $13.1491 during the last trading session, after increased 0.30%.Currently Nuveen Quality Municipal Income Fund is downtrending after 4.94% change in last May 3, 2017. NAD has 98,150 shares volume. NAD underperformed by 16.49% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.