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Bank of America sells $977 in Nuveen Municipal Credit Income Fund shares

Published 07/12/2024, 01:02
Bank of America sells $977 in Nuveen Municipal Credit Income Fund shares
NZF
0.33%

Bank of America Corp. (NYSE:BAC) recently disclosed a transaction involving the sale of shares in the Nuveen Municipal Credit Income Fund (NYSE:NZF), a $2.52 billion market cap fund currently trading near its 52-week high of $13.24. The financial institution reported selling 75 shares at an average price of $13.032 per share, totaling approximately $977. This transaction was executed on December 3, 2024.

Additionally, Bank of America acquired 75 shares at an average price of $13.015 per share on the same day, totaling $976. After these transactions, the firm reported holding no shares of the Nuveen Municipal Credit Income Fund. These transactions were filed jointly by Bank of America and its wholly-owned subsidiary, Merrill Lynch, Pierce, Fenner & Smith Inc.

The filing also included footnotes indicating that the reporting entities are analyzing additional trading activity and may file another report once the analysis is complete. For deeper insights into NZF's performance metrics and financial health analysis, investors can access additional exclusive data through InvestingPro.

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