Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Get Free Report) traded down 0.1% during mid-day trading on Tuesday . The stock traded as low as $26.14 and last traded at $26.20. 116,965 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 132,660 shares. The stock had previously closed at $26.23.
Nuveen NASDAQ 100 Dynamic Overwrite Fund Stock Performance
The firm's 50 day moving average is $25.63 and its 200-day moving average is $25.34.
Nuveen NASDAQ 100 Dynamic Overwrite Fund Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Friday, June 13th were given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 8.48%. The ex-dividend date of this dividend was Friday, June 13th.
Hedge Funds Weigh In On Nuveen NASDAQ 100 Dynamic Overwrite Fund
Several institutional investors and hedge funds have recently bought and sold shares of QQQX. Raymond James Financial Inc. acquired a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund in the fourth quarter worth $10,319,000. 1607 Capital Partners LLC increased its position in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund by 36.4% in the fourth quarter. 1607 Capital Partners LLC now owns 644,987 shares of the company's stock worth $17,447,000 after acquiring an additional 172,132 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund by 45.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 418,318 shares of the company's stock worth $9,935,000 after acquiring an additional 130,637 shares in the last quarter. Invesco Ltd. increased its position in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund by 12.0% in the fourth quarter. Invesco Ltd. now owns 860,866 shares of the company's stock worth $23,286,000 after acquiring an additional 92,180 shares in the last quarter. Finally, Cypress Capital Management LLC WY acquired a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund in the first quarter worth $1,563,000. Institutional investors and hedge funds own 23.62% of the company's stock.
About Nuveen NASDAQ 100 Dynamic Overwrite Fund
(
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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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