Cambridge Investment Research Advisors Inc. cut its position in Nuveen Enhanced Municipal (NYSE:NEV) by 19.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 68,571 shares of the company’s stock after selling 16,321 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Nuveen Enhanced Municipal were worth $974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Virtu Financial LLC bought a new stake in shares of Nuveen Enhanced Municipal in the fourth quarter valued at $150,000. Greenwich Investment Management Inc. bought a new stake in shares of Nuveen Enhanced Municipal in the fourth quarter valued at $154,000. Bank of New York Mellon Corp bought a new stake in shares of Nuveen Enhanced Municipal in the fourth quarter valued at $173,000. Wagner Wealth Management LLC bought a new stake in shares of Nuveen Enhanced Municipal in the fourth quarter valued at $177,000. Finally, Doliver Capital Advisors LP bought a new stake in shares of Nuveen Enhanced Municipal in the fourth quarter valued at $179,000.
Shares of NEV opened at $13.39 on Friday. Nuveen Enhanced Municipal has a 1 year low of $13.26 and a 1 year high of $15.25.
The company also recently announced a monthly dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Friday, April 13th will be paid a $0.065 dividend. The ex-dividend date is Thursday, April 12th. This represents a $0.78 annualized dividend and a dividend yield of 5.83%.
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Nuveen Enhanced Municipal Profile
Nevada Sunrise Gold Corporation (Nevada Sunrise) is a Canada-based exploration-stage company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties located in Nevada, United States of America. Its properties include the Kinsley Mountain property, the Golden Arrow project and the Roulette property.
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