Laurion Capital Management LP reduced its position in Nuveen Arizona Premium Income Mun Fd (NYSE:NAZ) by 19.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 257,867 shares of the investment management company’s stock after selling 63,784 shares during the quarter. Laurion Capital Management LP’s holdings in Nuveen Arizona Premium Income Mun Fd were worth $3,014,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Merriman Wealth Management LLC acquired a new position in Nuveen Arizona Premium Income Mun Fd in the 3rd quarter valued at $140,000. Wolverine Asset Management LLC acquired a new position in Nuveen Arizona Premium Income Mun Fd in the 2nd quarter valued at $669,000. Alpha Cubed Investments LLC acquired a new position in Nuveen Arizona Premium Income Mun Fd in the 3rd quarter valued at $1,106,000. Finally, Matisse Capital acquired a new position in Nuveen Arizona Premium Income Mun Fd in the 3rd quarter valued at $1,252,000. 9.76% of the stock is currently owned by institutional investors.
Shares of NAZ opened at $11.87 on Friday. Nuveen Arizona Premium Income Mun Fd has a 1 year low of $11.39 and a 1 year high of $14.74.
The company also recently disclosed a monthly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be paid a $0.0415 dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.50 annualized dividend and a yield of 4.20%.
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Nuveen Arizona Premium Income Mun Fd Company Profile
Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.
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Want to see what other hedge funds are holding NAZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Arizona Premium Income Mun Fd (NYSE:NAZ).
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