Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD) Shares Pass Below Two Hundred Day Moving Average of $12.14

Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD – Get Rating)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.14 and traded as low as $12.06. Nuveen Short Duration Credit Opportunities Fund shares last traded at $12.08, with a volume of 65,711 shares traded.

Nuveen Short Duration Credit Opportunities Fund Stock Performance

The stock’s 50 day moving average is $12.28 and its two-hundred day moving average is $12.14.

Nuveen Short Duration Credit Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, April 3rd. Stockholders of record on Wednesday, March 15th will be paid a $0.111 dividend. This represents a $1.33 annualized dividend and a dividend yield of 11.03%. The ex-dividend date of this dividend is Tuesday, March 14th.

Institutional Trading of Nuveen Short Duration Credit Opportunities Fund

Several hedge funds have recently made changes to their positions in the company. Thomas J. Herzfeld Advisors Inc. lifted its stake in shares of Nuveen Short Duration Credit Opportunities Fund by 39.9% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 254,008 shares of the closed-end fund’s stock worth $3,005,000 after acquiring an additional 72,501 shares during the period. Next Capital Management LLC lifted its stake in shares of Nuveen Short Duration Credit Opportunities Fund by 8.0% in the 4th quarter. Next Capital Management LLC now owns 231,794 shares of the closed-end fund’s stock worth $2,749,000 after acquiring an additional 17,227 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Nuveen Short Duration Credit Opportunities Fund by 25.0% in the 2nd quarter. Advisors Asset Management Inc. now owns 229,625 shares of the closed-end fund’s stock worth $2,762,000 after acquiring an additional 45,918 shares during the period. Morgan Stanley lifted its stake in shares of Nuveen Short Duration Credit Opportunities Fund by 10.3% in the 4th quarter. Morgan Stanley now owns 227,125 shares of the closed-end fund’s stock worth $2,694,000 after acquiring an additional 21,299 shares during the period. Finally, Bulldog Investors LLP lifted its stake in shares of Nuveen Short Duration Credit Opportunities Fund by 853.3% in the 2nd quarter. Bulldog Investors LLP now owns 200,196 shares of the closed-end fund’s stock worth $2,408,000 after acquiring an additional 179,196 shares during the period.

Nuveen Short Duration Credit Opportunities Fund Company Profile

(Get Rating)

Nuveen Short Duration Credit Opportunities Fund is a fund launched and managed by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors, Inc and Symphony Asset Management LLC. It invests in fixed income markets. Nuveen Short Duration Credit Opportunities Fund is domiciled in United States.