Oak Hill Advisors Lp Exits Position in Nuveen Municipal Market Opp Fund Inc (NMO)

Nuveen Municipal Market Opp Fund Inc (NMO) : Oak Hill Advisors Lp has sold out all of its stake in Nuveen Municipal Market Opp Fund Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 233,201 shares of Nuveen Municipal Market Opp Fund Inc which is valued at $3,537,659.

Other Hedge Funds, Including , Lpl Financial reduced its stake in NMO by selling 45,181 shares or 50.05% in the most recent quarter. The Hedge Fund company now holds 45,091 shares of NMO which is valued at $684,030. Nuveen Municipal Market Opp Fund Inc makes up approx 0.01% of Lpl Financial’s portfolio.Shamrock Asset Management boosted its stake in NMO in the latest quarter, The investment management firm added 19,646 additional shares and 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 approx 0.54% of Shamrock Asset Management’s portfolio. Rmb Capital Management sold out all of its stake in NMO during the most recent quarter. The investment firm sold 23,748 shares of NMO which is valued $358,832.Whittier Trust Co Of Nevada Inc reduced its stake in NMO by selling 5,000 shares or 27.03% in the most recent quarter. The Hedge Fund company now holds 13,500 shares of NMO which is valued at $204,525. Nuveen Municipal Market Opp Fund Inc makes up approx 0.02% of Whittier Trust Co Of Nevada Inc’s portfolio.Northern Capital Management reduced its stake in NMO by selling 3,500 shares or 3.55% in the most recent quarter. The Hedge Fund company now holds 94,990 shares of NMO which is valued at $1,434,349. Nuveen Municipal Market Opp Fund Inc makes up approx 0.62% of Northern Capital Management’s portfolio.

Nuveen Municipal Market Opp Fund Inc opened for trading at $15.09 and hit $15.1229 on the upside on Thursday, eventually ending the session at $15.07, with a gain of 0.07% or 0.01 points. The heightened volatility saw the trading volume jump to 79,611 shares. Company has a market cap of $686 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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Nuveen Municipal Market Opp Fund Inc - Is it time to Sell?

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