Captrust Financial Advisors Exits Position in Nuveen Select Quality Municipal Fund Inc (NQS)

Nuveen Select Quality Municipal Fund Inc (NQS) : Captrust Financial Advisors has sold out all of its stake in Nuveen Select Quality Municipal Fund Inc during the most recent quarter, according to the disclosure filed by the company on Aug 8, 2016 with the SEC. The investment management company has sold out 12,083 shares of Nuveen Select Quality Municipal Fund Inc which is valued at $188,495.

Other Hedge Funds, Including , Advisors Asset Management boosted its stake in NQS in the latest quarter, The investment management firm added 80,328 additional shares and now holds a total of 236,887 shares of Nuveen Select Quality Municipal Fund Inc which is valued at $3,695,437. Nuveen Select Quality Municipal Fund Inc makes up approx 0.06% of Advisors Asset Management’s portfolio. Proficio Capital Partners added NQS to its portfolio by purchasing 13,118 company shares during the most recent quarter which is valued at $205,152. Nuveen Select Quality Municipal Fund Inc makes up approx 0.13% of Proficio Capital Partners’s portfolio.Tradewinds Capital Management boosted its stake in NQS in the latest quarter, The investment management firm added 1,371 additional shares and now holds a total of 13,771 shares of Nuveen Select Quality Municipal Fund Inc which is valued at $215,365. Nuveen Select Quality Municipal Fund Inc makes up approx 0.15% of Tradewinds Capital Management’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.Creative Planning reduced its stake in NQS by selling 1,856 shares or 48.75% in the most recent quarter. The Hedge Fund company now holds 1,951 shares of NQS which is valued at $30,280.

Nuveen Select Quality Municipal Fund Inc closed down -0.05 points or -0.32% at $15.56 with 40,212 shares getting traded on Monday. Post opening the session at $15.59, the shares hit an intraday low of $15.55 and an intraday high of $15.6 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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