Nuveen Core Equity Alpha Fund (NYSE:JCE) Trading Up 1.8%

Shares of Nuveen Core Equity Alpha Fund (NYSE:JCE) shot up 1.8% during mid-day trading on Tuesday . The stock traded as high as $13.90 and last traded at $13.81. 58,682 shares were traded during mid-day trading, an increase of 16% from the average session volume of 50,619 shares. The stock had previously closed at $13.57.

Nuveen Core Equity Alpha Fund Stock Down 1.1 %

The company’s 50 day moving average price is $13.78 and its 200 day moving average price is $13.32.

Nuveen Core Equity Alpha Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 9.44%. The ex-dividend date was Thursday, March 14th.

Institutional Investors Weigh In On Nuveen Core Equity Alpha Fund

A number of large investors have recently modified their holdings of the company. International Assets Investment Management LLC boosted its position in shares of Nuveen Core Equity Alpha Fund by 19.7% during the 1st quarter. International Assets Investment Management LLC now owns 40,104 shares of the company’s stock worth $561,000 after acquiring an additional 6,609 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Nuveen Core Equity Alpha Fund by 11.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 50,768 shares of the company’s stock worth $688,000 after purchasing an additional 5,171 shares during the last quarter. Spire Wealth Management boosted its holdings in Nuveen Core Equity Alpha Fund by 2.2% in the fourth quarter. Spire Wealth Management now owns 82,435 shares of the company’s stock valued at $1,098,000 after purchasing an additional 1,750 shares in the last quarter. Significant Wealth Partners LLC purchased a new position in Nuveen Core Equity Alpha Fund in the fourth quarter valued at approximately $2,896,000. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Nuveen Core Equity Alpha Fund by 11.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 237,706 shares of the company’s stock worth $3,221,000 after purchasing an additional 24,972 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.