Usca Ria LLC Sells 5,270 Shares of Nuveen Intermediate Duration Qlty Mun FD (NIQ)

Usca Ria LLC trimmed its stake in Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) by 7.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,116 shares of the company’s stock after selling 5,270 shares during the period. Usca Ria LLC owned about 0.54% of Nuveen Intermediate Duration Qlty Mun FD worth $881,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NIQ. Wells Fargo & Company MN increased its holdings in Nuveen Intermediate Duration Qlty Mun FD by 99.8% in the fourth quarter. Wells Fargo & Company MN now owns 81,667 shares of the company’s stock valued at $1,051,000 after purchasing an additional 40,787 shares during the period. Koshinski Asset Management Inc. increased its holdings in Nuveen Intermediate Duration Qlty Mun FD by 78.4% in the fourth quarter. Koshinski Asset Management Inc. now owns 45,840 shares of the company’s stock valued at $590,000 after purchasing an additional 20,140 shares during the period. LPL Financial LLC acquired a new stake in Nuveen Intermediate Duration Qlty Mun FD in the fourth quarter valued at $231,000. Landscape Capital Management L.L.C. acquired a new stake in Nuveen Intermediate Duration Qlty Mun FD in the fourth quarter valued at $219,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in Nuveen Intermediate Duration Qlty Mun FD in the fourth quarter valued at $152,000.

Shares of Nuveen Intermediate Duration Qlty Mun FD opened at $12.40 on Friday, MarketBeat Ratings reports. Nuveen Intermediate Duration Qlty Mun FD has a 1-year low of $12.22 and a 1-year high of $13.49.

The firm also recently declared a monthly dividend, which will be paid on Friday, June 1st. Shareholders of record on Tuesday, May 15th will be issued a dividend of $0.0345 per share. The ex-dividend date is Monday, May 14th. This represents a $0.41 dividend on an annualized basis and a yield of 3.34%.

Nuveen Intermediate Duration Qlty Mun FD Profile

Nuveen Intermediate Duration Quality Municipal Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund seeks to achieve its investment objectives by investing in a diversified portfolio of primarily investment grade quality municipal securities (approximately 80% of managed assets), the income from which is exempt from regular federal income tax.

Institutional Ownership by Quarter for Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ)

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