Nuveen Dividend Advantage Municipal Fund’s (NYSE:NAD) Sentiment is 0.98

Positions for Nuveen Dividend Advantage Municipal Fund (NYSE:NAD)

In Q2 2018 Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) big money sentiment decreased to 0.98, according to SEC filings. That’s down -0.67, from 2018Q1’s 1.65. 46 funds started new or increased positions, while 47 sold and reduced their stakes in Nuveen Dividend Advantage Municipal Fund so the sentiment turned negative. These funds own 35.93 million shares, that’s up from 32.13 million shares in 2018Q1. Funds holding Nuveen Dividend Advantage Municipal Fund in top 10 changed to 4 from 2 for an increase of 2. 13 Investors Sold All; 34 Reduced Holdings; 32 increased stakes while 14 funds bought stakes.

Significant Nuveen Dividend Advantage Municipal Fund Investors

As of Q2 2018 Karpus Management Inc. has 5.6% invested in Nuveen Dividend Advantage Municipal Fund. As of Q2 2018, 1.13 million shares of Nuveen Dividend Advantage Municipal Fund are owned by Robinson Capital Management Llc. Moreover, Rivernorth Capital Management Llc reported 2.14 million shares in Nuveen Dividend Advantage Municipal Fund equivalent to 2.24% of its equity exposure. The Texas-based fund Oxbow Advisors Llc have invested about 2.02% of the investment professional’s stock portfolio in Nuveen Dividend Advantage Municipal Fund. The New York-based fund Mariner Investment Group Llc holds 39,259 shares or 1.12% of their equity exposure.

Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc.The company has $2.55 billion market cap. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.The P/E ratio is 25.56. It invests in the fixed income markets of the United States.

NAD reached $12.65 during the last trading session after $0.04 change.Nuveen Quality Municipal Income Fund is downtrending after having declined 9.10% since December 8, 2017. NAD has 689,191 volume or 27.93% up from normal. NAD underperformed the S&P 500 by 24.72%.

Northeast Fincl Consultants Inc reported 13,066 shs. Northwestern Mutual Wealth Mngmt Com has invested 0.01% in Nuveen Quality Municipal Income Fund (NYSE:NAD). Dynamic Advisor Solutions Ltd Company reported 0.07% stake. Webster Savings Bank N A invested 0.01% of its capital in Nuveen Quality Municipal Income Fund (NYSE:NAD). Tnb Financial owns 0.03% invested in Nuveen Quality Municipal Income Fund (NYSE:NAD) for 13,677 shs. Raymond James Tru Na reported 12,231 shs. City Of London Management Company Ltd holds 0.57% of its capital in Nuveen Quality Municipal Income Fund (NYSE:NAD) for 534,605 shs. Landscape Mngmt Lc accumulated 107,052 shs or 0.12% of the stock. Sit Associates reported 0.18% stake. Tradewinds Capital Management Lc holds 154,614 shs. Koshinski Asset Inc holds 34,973 shs. Bb&T Secs reported 0% of its capital in Nuveen Quality Municipal Income Fund (NYSE:NAD). Delta Asset Mngmt Limited Liability Company Tn invested in 14,171 shs or 0.03% of the stock. 800 are owned by Advisory Svcs Networks Ltd Llc. Raymond James Finance Svcs holds 0.01% or 126,691 shs.

Nuveen Quality Municipal Income Fund had 1 sale and 0 insider purchases since September 21, 2018. This’s net activity of $56,673.

For more Nuveen Quality Municipal Income Fund (NYSE:NAD) news posted recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Investingnews.com. The titles are as follows: “Weekly Review: Municipal Bond CEFs – A Steep Downturn In The Sector – Seeking Alpha” posted on September 11, 2018, “ChromaDex: Response To The Claim Niagen Is Just ‘Expensive Vitamin B3’ – Seeking Alpha” on January 30, 2017, “Weekly Closed-End Fund Roundup: CEF Rebound – Seeking Alpha” with a publish date: September 28, 2018, “Is The Muni Bond Market Positioned For Its Moment In The Sun? – Seeking Alpha” and the last “8 Anti-Aging Company Stocks – Investing News Network” with publication date: November 05, 2018.

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