Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Stock Price Down 0.9%

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX – Get Rating) was down 0.9% during mid-day trading on Monday . The stock traded as low as $23.78 and last traded at $23.87. Approximately 102,384 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 181,253 shares. The stock had previously closed at $24.08.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Stock Down 0.9 %

The firm’s 50-day simple moving average is $23.16 and its 200-day simple moving average is $25.32.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Wednesday, June 15th were given a $0.493 dividend. The ex-dividend date was Tuesday, June 14th. This represents a $1.97 annualized dividend and a yield of 8.26%.

Institutional Trading of Nuveen Nasdaq 100 Dynamic Overwrite Fund

Several institutional investors have recently made changes to their positions in the business. Truist Financial Corp boosted its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 2.5% during the 2nd quarter. Truist Financial Corp now owns 73,874 shares of the company’s stock valued at $1,613,000 after acquiring an additional 1,785 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new stake in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund during the 2nd quarter valued at about $693,000. Flagship Harbor Advisors LLC boosted its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 4.8% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 43,759 shares of the company’s stock valued at $956,000 after acquiring an additional 2,000 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 16.9% during the 2nd quarter. Private Advisor Group LLC now owns 15,885 shares of the company’s stock valued at $347,000 after acquiring an additional 2,300 shares in the last quarter. Finally, Bridge Advisory LLC boosted its position in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund by 8.6% during the 2nd quarter. Bridge Advisory LLC now owns 137,486 shares of the company’s stock valued at $3,120,000 after acquiring an additional 10,891 shares in the last quarter. 21.06% of the stock is currently owned by institutional investors and hedge funds.

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.