Nuveen Georgia Dividend Advantage Municipal Fund 2 (NYSE:NKG) Sentiment Improved in 2018 Q2

September 16, 2018 - By Robert Shackelford

Sentiment for Nuveen Georgia Dividend Advantage Municipal Fund 2 (NYSE:NKG)

Nuveen Georgia Dividend Advantage Municipal Fund 2 (NYSE:NKG) institutional sentiment increased to 1.71 in Q2 2018. Its up 0.14, from 1.57 in 2018Q1. The ratio increased, as 12 hedge funds increased and opened new positions, while 7 sold and reduced equity positions in Nuveen Georgia Dividend Advantage Municipal Fund 2. The hedge funds in our partner’s database now hold: 1.04 million shares, up from 935,688 shares in 2018Q1. Also, the number of hedge funds holding Nuveen Georgia Dividend Advantage Municipal Fund 2 in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 7 Increased: 8 New Position: 4.

Nuveen Georgia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The company has market cap of $117.52 million. The fund is co-managed by Nuveen Fund Advisors, LLC and Nuveen Asset Management, LLC. It has a 14.36 P/E ratio. It invests in the fixed income markets of the Georgia.

It closed at $11.14 lastly. It is up 14.46% since September 16, 2017 and is downtrending. It has underperformed by 30.08% the S&P500.

Greatmark Investment Partners Inc. holds 0.85% of its portfolio in Nuveen Georgia Quality Municipa for 216,898 shares. Mariner Investment Group Llc owns 23,562 shares or 0.57% of their US portfolio. Moreover, Capital Investment Advisors Llc has 0.08% invested in the company for 115,588 shares. The New Jersey-based Landscape Capital Management L.L.C. has invested 0.08% in the stock. Signaturefd Llc, a Georgia-based fund reported 20,000 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.