First Foundation Advisors Has $2.03 Million Stock Holdings in Nuveen California Municipal Va (NYSE:NCA)

First Foundation Advisors reduced its position in Nuveen California Municipal Va (NYSE:NCA) by 0.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 234,392 shares of the company’s stock after selling 1,695 shares during the period. First Foundation Advisors owned about 0.71% of Nuveen California Municipal Va worth $2,027,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Olde Wealth Management LLC acquired a new stake in Nuveen California Municipal Va in the 1st quarter valued at about $26,000. Elequin Capital LP acquired a new stake in Nuveen California Municipal Va in the 4th quarter valued at about $39,000. Investor s Fiduciary Advisor Network LLC bought a new position in Nuveen California Municipal Va in the 4th quarter valued at about $85,000. DKM Wealth Management Inc. bought a new position in Nuveen California Municipal Va in the 4th quarter valued at about $152,000. Finally, HighTower Advisors LLC raised its holdings in Nuveen California Municipal Va by 14.3% in the 4th quarter. HighTower Advisors LLC now owns 20,000 shares of the company’s stock valued at $169,000 after acquiring an additional 2,500 shares during the period. 21.46% of the stock is currently owned by institutional investors and hedge funds.

Nuveen California Municipal Va Price Performance

Nuveen California Municipal Va stock opened at $8.47 on Wednesday. Nuveen California Municipal Va has a twelve month low of $8.22 and a twelve month high of $9.23. The company’s 50-day moving average price is $8.49 and its two-hundred day moving average price is $8.53.

Nuveen California Municipal Va Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 15th will be issued a dividend of $0.029 per share. The ex-dividend date is Tuesday, July 15th. This represents a $0.35 annualized dividend and a dividend yield of 4.11%.

About Nuveen California Municipal Va

Nuveen California Municipal Value Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests primarily in municipal securities rated Baa/BBB or better.