Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The stock traded as low as $21.71 and last traded at $23.24, with a volume of 134719 shares changing hands. The stock had previously closed at $23.71.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Price Performance
The business has a 50 day moving average price of $25.71 and a two-hundred day moving average price of $25.95.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were paid a $0.56 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.24 annualized dividend and a yield of 10.51%.
Institutional Investors Weigh In On Nuveen Nasdaq 100 Dynamic Overwrite Fund
Institutional investors and hedge funds have recently modified their holdings of the stock. Stratos Wealth Partners LTD. grew its stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund by 39.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 23,251 shares of the company's stock valued at $629,000 after acquiring an additional 6,518 shares in the last quarter. Absolute Investment Advisers LLC bought a new position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund during the 4th quarter valued at about $1,251,000. Kingswood Wealth Advisors LLC grew its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 109.8% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 29,984 shares of the company's stock valued at $811,000 after purchasing an additional 15,689 shares in the last quarter. Griffin Asset Management Inc. bought a new stake in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund in the fourth quarter worth about $205,000. Finally, Next Level Private LLC bought a new stake in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund in the fourth quarter worth about $215,000. Institutional investors 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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