Nuveen Maryland Premium Income Municipal Fund (NYSE:NMY) Stock Price While Sentiment Worsens

July 13, 2018 - By Patrick Harkless

Sentiment for Nuveen Maryland Premium Income Municipal Fund (NYSE:NMY)

Nuveen Maryland Premium Income Municipal Fund (NYSE:NMY) institutional sentiment decreased to 1.4 in Q1 2018. Its down -1.93, from 3.33 in 2017Q4. The ratio dived, as 14 funds increased and opened new equity positions, while 10 sold and reduced stakes in Nuveen Maryland Premium Income Municipal Fund. The funds in our partner’s database reported: 2.31 million shares, down from 4.24 million shares in 2017Q4. Also, the number of funds holding Nuveen Maryland Premium Income Municipal Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 7 Increased: 10 New Position: 4.

Nuveen Maryland Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The company has market cap of $283.35 million. The fund is managed by Nuveen Fund Advisors, LLC and Nuveen Asset Management, LLC. It has a 10.75 P/E ratio. It invests in the fixed income markets of Maryland.

The stock increased 0.23% or $0.0284 during the last trading session, reaching $12.1284. About 3,119 shares traded. Nuveen Maryland Quality Municipal Income Fund (NYSE:NMY) has declined 6.14% since July 13, 2017 and is downtrending. It has underperformed by 18.71% the S&P500.

Tortoise Investment Management Llc holds 0.96% of its portfolio in Nuveen Maryland Quality Municipal Income Fund for 285,117 shares. Fragasso Group Inc. owns 29,027 shares or 0.09% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.07% invested in the company for 83,913 shares. The -based Folger Nolan Fleming Douglas Capital Management Inc has invested 0.04% in the stock. Brown Advisory Securities Llc, a Maryland-based fund reported 13,587 shares.

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