Nuveen Core Equity Alpha Fund (NYSE:JCE) Stock Price Down 0.2% – Here’s Why

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

Nuveen Core Equity Alpha Fund Stock Performance

The business has a fifty day simple moving average of $15.29 and a two-hundred day simple moving average of $14.91.

Nuveen Core Equity Alpha Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 8.17%. The ex-dividend date of this dividend was Friday, September 13th.

Institutional Investors Weigh In On Nuveen Core Equity Alpha Fund

Several large investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its position 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 acquiring an additional 27,780 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of Nuveen Core Equity Alpha Fund by 227.7% during the third quarter. Larson Financial Group LLC now owns 6,553 shares of the company’s stock worth $101,000 after purchasing an additional 4,553 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of Nuveen Core Equity Alpha Fund in the third quarter valued at $61,000. International Assets Investment Management LLC raised its holdings in shares of Nuveen Core Equity Alpha Fund by 1,487.3% in the third quarter. International Assets Investment Management LLC now owns 636,378 shares of the company’s stock valued at $9,781,000 after buying an additional 596,286 shares during the last quarter. Finally, Capital Investment Advisors LLC raised its holdings in shares of Nuveen Core Equity Alpha Fund by 0.9% in the third quarter. Capital Investment Advisors LLC now owns 151,274 shares of the company’s stock valued at $2,325,000 after buying an additional 1,324 shares during 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.