Commonwealth Equity Services LLC raised its stake in shares of Nuveen Connecticut Premium Income Mun Fd (NYSE:NTC) by 10.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 162,807 shares of the investment management company’s stock after buying an additional 15,423 shares during the period. Commonwealth Equity Services LLC owned about 1.13% of Nuveen Connecticut Premium Income Mun Fd worth $1,833,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Rivernorth Capital Management LLC raised its stake in shares of Nuveen Connecticut Premium Income Mun Fd by 129.3% during the 3rd quarter. Rivernorth Capital Management LLC now owns 548,563 shares of the investment management company’s stock valued at $6,232,000 after buying an additional 309,328 shares during the last quarter. Sit Investment Associates Inc. raised its stake in shares of Nuveen Connecticut Premium Income Mun Fd by 68.3% during the 4th quarter. Sit Investment Associates Inc. now owns 504,432 shares of the investment management company’s stock valued at $5,680,000 after buying an additional 204,631 shares during the last quarter. Greenwich Wealth Management LLC raised its stake in shares of Nuveen Connecticut Premium Income Mun Fd by 3.2% during the 4th quarter. Greenwich Wealth Management LLC now owns 138,785 shares of the investment management company’s stock valued at $1,563,000 after buying an additional 4,364 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Nuveen Connecticut Premium Income Mun Fd by 12.2% during the 2nd quarter. Bank of America Corp DE now owns 95,490 shares of the investment management company’s stock valued at $1,134,000 after buying an additional 10,355 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Nuveen Connecticut Premium Income Mun Fd by 7.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 59,972 shares of the investment management company’s stock valued at $675,000 after buying an additional 3,968 shares during the last quarter. Institutional investors and hedge funds own 25.92% of the company’s stock.

NYSE NTC opened at $11.82 on Friday. Nuveen Connecticut Premium Income Mun Fd has a fifty-two week low of $11.01 and a fifty-two week high of $11.94.

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.041 per share. The ex-dividend date is Thursday, March 14th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 4.16%.

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Nuveen Connecticut Premium Income Mun Fd Profile

Nuveen Connecticut Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Connecticut. The fund invests into undervalued municipal securities and other related investments the income from which is exempt from regular federal and Connecticut income taxes.

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Institutional Ownership by Quarter for Nuveen Connecticut Premium Income Mun Fd (NYSE:NTC)

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