Benjamin F. Edwards & Company Inc. Sells 8,935 Shares of Nuveen Intermediate Duration Munpl Tm Fd (NID)

Benjamin F. Edwards & Company Inc. decreased its holdings in Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) by 43.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 11,828 shares of the investment management company’s stock after selling 8,935 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Nuveen Intermediate Duration Munpl Tm Fd were worth $148,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NID. Guggenheim Capital LLC raised its position in shares of Nuveen Intermediate Duration Munpl Tm Fd by 163.1% during the 1st quarter. Guggenheim Capital LLC now owns 32,524 shares of the investment management company’s stock valued at $409,000 after acquiring an additional 20,162 shares in the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Nuveen Intermediate Duration Munpl Tm Fd during the 2nd quarter valued at approximately $126,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Nuveen Intermediate Duration Munpl Tm Fd during the 2nd quarter valued at approximately $1,011,000. SG Americas Securities LLC acquired a new stake in shares of Nuveen Intermediate Duration Munpl Tm Fd during the 2nd quarter valued at approximately $342,000. Finally, Usca Ria LLC raised its position in shares of Nuveen Intermediate Duration Munpl Tm Fd by 26.1% during the 2nd quarter. Usca Ria LLC now owns 119,662 shares of the investment management company’s stock valued at $1,489,000 after acquiring an additional 24,740 shares in the last quarter.

NID stock opened at $12.17 on Friday. Nuveen Intermediate Duration Munpl Tm Fd has a 12-month low of $11.99 and a 12-month high of $13.43.

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 1st. Investors of record on Monday, October 15th were paid a dividend of $0.0425 per share. The ex-dividend date was Friday, October 12th. This represents a $0.51 dividend on an annualized basis and a yield of 4.19%.

Nuveen Intermediate Duration Munpl Tm Fd Profile

Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

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Want to see what other hedge funds are holding NID? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID).

Institutional Ownership by Quarter for Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

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