Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Get Free Report) was up 0.4% during mid-day trading on Monday . The stock traded as high as $25.46 and last traded at $25.35. Approximately 170,554 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 130,498 shares. The stock had previously closed at $25.24.
Nuveen NASDAQ 100 Dynamic Overwrite Fund Stock Up 0.4%
The firm has a 50 day moving average price of $24.59 and a 200-day moving average price of $25.41.
Nuveen NASDAQ 100 Dynamic Overwrite Fund Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 8.84%. The ex-dividend date of this dividend is Friday, June 13th.
Institutional Trading of Nuveen NASDAQ 100 Dynamic Overwrite Fund
Hedge funds and other institutional investors have recently bought and sold shares of the business. Harbour Investments Inc. increased 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 purchasing an additional 980 shares in the last quarter. CoreFirst Bank & Trust acquired a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund during the fourth quarter worth about $36,000. Eastern Bank acquired a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund during the first quarter worth about $54,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund by 20.5% during the first 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 in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund during the first quarter worth about $90,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.
Nuveen NASDAQ 100 Dynamic Overwrite Fund Company Profile
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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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