Nuveen Core Equity Alpha Fund (NYSE:JCE) Shares Down 0.2% – Here’s What Happened

Nuveen Core Equity Alpha Fund (NYSE:JCE)’s share price was down 0.2% on Wednesday . The stock traded as low as $15.59 and last traded at $15.67. Approximately 17,434 shares were traded during trading, a decline of 59% from the average daily volume of 42,651 shares. The stock had previously closed at $15.70.

Nuveen Core Equity Alpha Fund Stock Performance

The company’s fifty day moving average price is $15.31 and its two-hundred day moving average price is $14.93.

Nuveen Core Equity Alpha Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th were given a $0.32 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.28 annualized dividend and a yield of 8.14%.

Institutional Trading of Nuveen Core Equity Alpha Fund

Several large investors have recently made changes to their positions in JCE. Larson Financial Group LLC acquired a new position in Nuveen Core Equity Alpha Fund during the 2nd quarter worth about $30,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Nuveen Core Equity Alpha Fund during the second quarter valued at approximately $55,000. Ashton Thomas Securities LLC acquired a new stake in shares of Nuveen Core Equity Alpha Fund in the third quarter valued at approximately $61,000. Commonwealth Equity Services LLC raised its position in Nuveen Core Equity Alpha Fund by 9.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 24,088 shares of the company’s stock worth $361,000 after purchasing an additional 2,115 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in Nuveen Core Equity Alpha Fund by 34.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 107,545 shares of the company’s stock worth $1,687,000 after buying an additional 27,780 shares in the last quarter.

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.