Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 192,762 shares changed hands during mid-day trading, an increase of 53% from the previous session's volume of 125,935 shares.The stock last traded at $25.87 and had previously closed at $25.13.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Price Performance
The company's 50-day simple moving average is $23.85 and its 200 day simple moving average is $25.48.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.24 dividend on an annualized basis and a yield of 8.63%.
Institutional Investors Weigh In On Nuveen Nasdaq 100 Dynamic Overwrite Fund
Several large investors have recently bought and sold shares of QQQX. Harbour Investments Inc. grew its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 980.0% during the first quarter. Harbour Investments Inc. now owns 1,080 shares of the company's stock worth $26,000 after buying an additional 980 shares in the last quarter. CoreFirst Bank & Trust purchased a new stake in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund in the 4th quarter valued at approximately $36,000. Eastern Bank acquired a new stake in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund in the 1st quarter valued at $54,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 20.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,015 shares of the company's stock worth $72,000 after purchasing an additional 512 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund during the first quarter worth $90,000. Hedge funds and other institutional investors own 23.62% of the company's stock.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Company Profile
(
Get Free Report)
Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.
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