Insider Buying: John Miller Buys 4,500 Shares of Nuveen Municipal High Income Oppty Fund Stock (NMZ)
Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) Portfolio Manager John Miller acquired 4,500 shares of the stock in a transaction that occurred on Monday, October 21st. The shares were purchased at an average cost of $11.83 per share, for a total transaction of $53,235.00. Following the purchase, the portfolio manager now directly owns 12,500 shares in the company, valued at approximately $147,875. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) traded up 0.68% on Wednesday, hitting $11.91. The stock had a trading volume of 109,585 shares. Nuveen Municipal High Income Oppty Fund has a one year low of $10.82 and a one year high of $14.59. The stock has a 50-day moving average of $11.30 and a 200-day moving average of $12.76. The company has a market cap of $375.4 million and a price-to-earnings ratio of 6.98.
The company also recently announced a monthly dividend, which is scheduled for Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.07 per share. This represents a $0.88 annualized dividend and a dividend yield of 7.36%. The ex-dividend date is Thursday, October 10th.
Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) is a closed-ended fund.
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