Shamrock Asset Management buys $952,691 stake in Nuveen Municipal Market Opp Fund Inc (NMO)

Nuveen Municipal Market Opp Fund Inc (NMO) : Shamrock Asset Management scooped up 19,646 additional shares in Nuveen Municipal Market Opp Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 62,801 shares of Nuveen Municipal Market Opp Fund Inc which is valued at $952,691.Nuveen Municipal Market Opp Fund Inc makes up approximately 0.54% of Shamrock Asset Management’s portfolio.

Other Hedge Funds, Including , Baird Financial Group added NMO to its portfolio by purchasing 24,892 company shares during the most recent quarter which is valued at $377,612.Tfs Capital boosted its stake in NMO in the latest quarter, The investment management firm added 17,664 additional shares and now holds a total of 31,861 shares of Nuveen Municipal Market Opp Fund Inc which is valued at $483,331. Nuveen Municipal Market Opp Fund Inc makes up approx 0.08% of Tfs Capital’s portfolio.Mackay Shields boosted its stake in NMO in the latest quarter, The investment management firm added 72,085 additional shares and now holds a total of 674,680 shares of Nuveen Municipal Market Opp Fund Inc which is valued at $10,187,668. Nuveen Municipal Market Opp Fund Inc makes up approx 2.07% of Mackay Shields’s portfolio.

Nuveen Municipal Market Opp Fund Inc opened for trading at $15.14 and hit $15.16 on the upside on Monday, eventually ending the session at $15.13, with a gain of 0.20% or 0.03 points. The heightened volatility saw the trading volume jump to 66,004 shares. Company has a market cap of $689 M.

Nuveen Municipal Market Opportunity Fund Inc. (the Fund) is a diversified closed-end investment company. The Company provides investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors. The fund seeks current income exempt from regular federal income tax. The secondary investment objective is the enhancement of portfolio value. The fund invests at least 80% of its managed assets in municipal securities rated investment grade (Baa/BBB or better by S&P Moody’s or Fitch) at the time of investment. The Fund’s investment advisor is Nuveen Fund Advisors Inc. The Fund’s investment advisor is Nuveen Fund Advisors Inc.

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