Nuveen Core Equity Alpha Fund (NYSE:JCE) Shares Down 0.3% – Here’s What Happened

Shares of Nuveen Core Equity Alpha Fund (NYSE:JCE) traded down 0.3% during mid-day trading on Wednesday . The company traded as low as $16.00 and last traded at $16.07. 17,177 shares traded hands during trading, a decline of 41% from the average session volume of 28,890 shares. The stock had previously closed at $16.12.

Nuveen Core Equity Alpha Fund Trading Down 0.3 %

The firm has a fifty day moving average price of $15.80 and a 200 day moving average price of $15.43.

Nuveen Core Equity Alpha Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.28 annualized dividend and a dividend yield of 7.97%.

Institutional Trading of Nuveen Core Equity Alpha Fund

A number of institutional investors have recently bought and sold shares of the stock. Retirement Planning Group LLC NY acquired a new position in Nuveen Core Equity Alpha Fund during the 4th quarter valued at approximately $4,641,000. Baird Financial Group Inc. increased its position in shares of Nuveen Core Equity Alpha Fund by 3.5% in the 4th quarter. Baird Financial Group Inc. now owns 528,774 shares of the company’s stock valued at $8,408,000 after acquiring an additional 17,785 shares during the period. NewEdge Advisors LLC raised its stake in Nuveen Core Equity Alpha Fund by 6.2% in the 4th quarter. NewEdge Advisors LLC now owns 27,161 shares of the company’s stock worth $432,000 after acquiring an additional 1,596 shares during the last quarter. Invesco Ltd. lifted its position in Nuveen Core Equity Alpha Fund by 0.7% during the 4th quarter. Invesco Ltd. now owns 243,548 shares of the company’s stock worth $3,872,000 after acquiring an additional 1,672 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Nuveen Core Equity Alpha Fund during the 4th quarter worth about $7,866,000.

Nuveen Core Equity Alpha Fund Company Profile

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.