Cliftonlarsonallen Wealth Advisors Lowers stake in Nuveen Municipal High Income Oppty Fund (NMZ)

Nuveen Municipal High Income Oppty Fund (NMZ) : Cliftonlarsonallen Wealth Advisors reduced its stake in Nuveen Municipal High Income Oppty Fund by 15.25% during the most recent quarter end. The investment management company now holds a total of 105,602 shares of Nuveen Municipal High Income Oppty Fund which is valued at $1,596,702 after selling 19,000 shares in Nuveen Municipal High Income Oppty Fund , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Nuveen Municipal High Income Oppty Fund makes up approximately 0.23% of Cliftonlarsonallen Wealth Advisors’s portfolio.

Other Hedge Funds, Including , Investment Centers Of America Inc boosted its stake in NMZ in the latest quarter, The investment management firm added 31 additional shares and now holds a total of 16,200 shares of Nuveen Municipal High Income Oppty Fund which is valued at $244,944. Nuveen Municipal High Income Oppty Fund makes up approx 0.02% of Investment Centers Of America Inc’s portfolio.First Trust Advisors Lp reduced its stake in NMZ by selling 4,425 shares or 12.92% in the most recent quarter. The Hedge Fund company now holds 29,816 shares of NMZ which is valued at $449,029.Traynor Capital Management boosted its stake in NMZ in the latest quarter, The investment management firm added 7,870 additional shares and now holds a total of 65,195 shares of Nuveen Municipal High Income Oppty Fund which is valued at $977,273. Nuveen Municipal High Income Oppty Fund makes up approx 0.71% of Traynor Capital Management’s portfolio.Msi Financial Services Inc reduced its stake in NMZ by selling 1,400 shares or 30.57% in the most recent quarter. The Hedge Fund company now holds 3,180 shares of NMZ which is valued at $47,668. Capital Investment Advisors added NMZ to its portfolio by purchasing 5,026 company shares during the most recent quarter which is valued at $75,038. Nuveen Municipal High Income Oppty Fund makes up approx 0.01% of Capital Investment Advisors’s portfolio.

Nuveen Municipal High Income Oppty Fund (NMZ) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $15.09 and reached the intraday high at $15.12. The bulls started the profit booking and pushed the shares to intraday low of $15.03. The trading session was marked by a volume range of 1,28,750 shares exchanging hands. The 52-week high of the shares is $15.42 and the 52-week low is $13.23. The market cap of the company stands at $834 M and there are 5,53,28,865 shares in public circulation.

Nuveen Municipal High Income Opportunity Fund (the Fund) is a closed-ended fund. The fund’s primary investment objective is to provide high current income exempt from regular federal income tax. Its secondary investment objective is to seek attractive total return consistent with its primary objective. The fund invests in municipal securities that are exempt from federal income taxes. The fund invests at least 50% of its managed assets in municipal securities rated at the time of investment investment grade (Baa/BBB or better by S&P Moody’s and Fitch) or if they are unrated is judged by the manager to be of comparable quality. The fund may invest up to 50% of its managed assets in municipal securities that at the time of investment are rated below investment grade quality or that are unrated but judged by the manager to be of comparable quality. The Fund’s investment advisor is Nuveen Fund Advisors LLC.

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