Anti-Nuveen Intermediate Duration Quality Municipal Term Fund Institutional Investors Sentiment Runs Low in 2018 Q2

September 16, 2018 - By Julie Barnes

Sentiment for Nuveen Intermediate Duration Quality Municipal Term Fund (NYSE:NIQ)

Nuveen Intermediate Duration Quality Municipal Term Fund (NYSE:NIQ) institutional sentiment decreased to 1.64 in Q2 2018. Its down -0.26, from 1.9 in 2018Q1. The ratio turned negative, as 18 investment managers increased and started new equity positions, while 11 sold and decreased their stock positions in Nuveen Intermediate Duration Quality Municipal Term Fund. The investment managers in our partner’s database now have: 2.59 million shares, up from 2.48 million shares in 2018Q1. Also, the number of investment managers holding Nuveen Intermediate Duration Quality Municipal Term Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 9 Increased: 15 New Position: 3.

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc. The company has market cap of $. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It currently has negative earnings. It invests into public fixed income markets of the United States.

The stock increased 1.21% or $0.15 during the last trading session, reaching $12.54. About 210,253 shares traded or 816.81% up from the average. Nuveenn Intermediate Duration Q (NYSE:NIQ) has declined 7.45% since September 16, 2017 and is downtrending. It has underperformed by 23.07% the S&P500.

Rivernorth Capital Management Llc holds 0.52% of its portfolio in Nuveenn Intermediate Duration Q for 522,097 shares. Koshinski Asset Management Inc. owns 25,815 shares or 0.22% of their US portfolio. Moreover, Greatmark Investment Partners Inc. has 0.12% invested in the company for 27,100 shares. The Texas-based Usca Ria Llc has invested 0.11% in the stock. Tortoise Investment Management Llc, a New York-based fund reported 26,249 shares.

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