Vicus Capital buys $1,038,791 stake in Nuveen Select Quality Municipal Fund Inc (NQS)

Nuveen Select Quality Municipal Fund Inc (NQS) : Vicus Capital scooped up 4,280 additional shares in Nuveen Select Quality Municipal Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 66,165 shares of Nuveen Select Quality Municipal Fund Inc which is valued at $1,038,791.Nuveen Select Quality Municipal Fund Inc makes up approximately 0.25% of Vicus Capital’s portfolio.

Other Hedge Funds, Including , Wedbush Securities Inc boosted its stake in NQS in the latest quarter, The investment management firm added 206 additional shares and now holds a total of 16,506 shares of Nuveen Select Quality Municipal Fund Inc which is valued at $259,144. Nuveen Select Quality Municipal Fund Inc makes up approx 0.04% of Wedbush Securities Inc’s portfolio.Sit Investment Associates Inc boosted its stake in NQS in the latest quarter, The investment management firm added 156,051 additional shares and now holds a total of 413,029 shares of Nuveen Select Quality Municipal Fund Inc which is valued at $6,459,361. Nuveen Select Quality Municipal Fund Inc makes up approx 0.17% of Sit Investment Associates Inc’s portfolio.Msi Financial Services Inc boosted its stake in NQS in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 5,235 shares of Nuveen Select Quality Municipal Fund Inc which is valued at $81,614.

Nuveen Select Quality Municipal Fund Inc closed down -0.05 points or -0.32% at $15.64 with 23,408 shares getting traded on Monday. Post opening the session at $15.72, the shares hit an intraday low of $15.63 and an intraday high of $15.72 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Nuveen Select Quality Municipal Fund Inc. is a diversified closed-end investment company. The Fund seeks current income exempt from regular federal income tax. The secondary investment objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade (Baa/BBB or better by S&P Moody’s or Fitch) at the time of investment or if they are unrated are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. The Fund invests in sectors such as healthcare transportation utilities and consumer staples among others. It is managed by Nuveen Asset Management LLC.

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