Starfire Investment Advisers buys $272,711 stake in Nuveen Michigan Qlity Incom Municipal Fd (NUM)

Nuveen Michigan Qlity Incom Municipal Fd (NUM) : Starfire Investment Advisers scooped up 6,600 additional shares in Nuveen Michigan Qlity Incom Municipal Fd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 19,410 shares of Nuveen Michigan Qlity Incom Municipal Fd which is valued at $272,711.Nuveen Michigan Qlity Incom Municipal Fd makes up approximately 0.18% of Starfire Investment Advisers’s portfolio.

Other Hedge Funds, Including , Financial Investment Management Group Ltd reduced its stake in NUM by selling 600 shares or 0.98% in the most recent quarter. The Hedge Fund company now holds 60,653 shares of NUM which is valued at $852,175. Nuveen Michigan Qlity Incom Municipal Fd makes up approx 0.29% of Financial Investment Management Group Ltd’s portfolio.Msi Financial Services Inc boosted its stake in NUM in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 5,700 shares of Nuveen Michigan Qlity Incom Municipal Fd which is valued at $80,883. Advisory Services Network added NUM to its portfolio by purchasing 2,073 company shares during the most recent quarter which is valued at $29,830. Nuveen Michigan Qlity Incom Municipal Fd makes up approx 0.01% of Advisory Services Network’s portfolio.

Nuveen Michigan Qlity Incom Municipal Fd closed down -0.14 points or -0.99% at $14.05 with 50,070 shares getting traded on Friday. Post opening the session at $14.1, the shares hit an intraday low of $14.04 and an intraday high of $14.14 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Nuveen Michigan Quality Income Municipal Fund (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local Government authorities within a single state or certain the United States territories. The Fund’s portfolio of investments includes consumer staples; education and civic organizations; healthcare; housing or multifamily; housing or single family; transportation; utilities and water and sewer among others. The Funds’ investment adviser is Nuveen Fund Advisors LLC (the Adviser). The Adviser has engaged Nuveen Asset Management LLC (Nuveen Asset Management) as Sub-Adviser to provide discretionary investment advisory services.

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