Adding to @UKHeliBob's reply:
Do not connect it to 5V 
But to Vin.
Do not try to draw significant current from the Nano's 5V and/or 3.3V pins.
Adding to @UKHeliBob's reply:
Do not connect it to 5V But to Vin.
Do not try to draw significant current from the Nano's 5V and/or 3.3V pins.