Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as $27.53 and last traded at $27.34, with a volume of 87976 shares trading hands. The stock had previously closed at $26.86.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Price Performance
The firm's 50 day simple moving average is $26.06 and its 200-day simple moving average is $25.18.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.56 dividend. This is a boost from Nuveen Nasdaq 100 Dynamic Overwrite Fund's previous quarterly dividend of $0.42. The ex-dividend date is Friday, December 13th. This represents a $2.24 annualized dividend and a dividend yield of 8.19%.
Institutional Trading of Nuveen Nasdaq 100 Dynamic Overwrite Fund
Several institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC increased its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 2,422.3% during the 3rd quarter. International Assets Investment Management LLC now owns 371,034 shares of the company's stock worth $9,320,000 after purchasing an additional 356,324 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund in the third quarter valued at $4,669,000. Logan Stone Capital LLC increased its holdings in Nuveen Nasdaq 100 Dynamic Overwrite Fund by 501.2% during the second quarter. Logan Stone Capital LLC now owns 132,935 shares of the company's stock worth $3,334,000 after buying an additional 110,822 shares during the last quarter. Shaker Financial Services LLC raised its position in Nuveen Nasdaq 100 Dynamic Overwrite Fund by 21.4% during the third quarter. Shaker Financial Services LLC now owns 284,148 shares of the company's stock worth $7,241,000 after acquiring an additional 49,996 shares in the last quarter. Finally, Wolverine Asset Management LLC lifted its stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund by 18.9% in the third quarter. Wolverine Asset Management LLC now owns 235,640 shares of the company's stock valued at $5,919,000 after acquiring an additional 37,507 shares during the last quarter. Institutional investors own 23.62% of the company's stock.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Company Profile
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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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