Nuveen Dow 30 Dynamic Overwrite Fund (NYSEARCA:DIAX) Trading 0.3% Higher – What’s Next?

Nuveen Dow 30 Dynamic Overwrite Fund (NYSEARCA:DIAX) shares shot up 0.3% on Tuesday . The company traded as high as $15.22 and last traded at $15.17. 67,479 shares changed hands during trading, a decline of 9% from the average session volume of 73,980 shares. The stock had previously closed at $15.13.

Nuveen Dow 30 Dynamic Overwrite Fund Stock Up 0.2%

The company has a 50 day moving average of $14.89 and a 200 day moving average of $14.60.

Nuveen Dow 30 Dynamic Overwrite Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.301 per share. The ex-dividend date is Monday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 7.9%.

Institutional Investors Weigh In On Nuveen Dow 30 Dynamic Overwrite Fund

A number of large investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its holdings in Nuveen Dow 30 Dynamic Overwrite Fund by 1.9% during the third quarter. NewEdge Advisors LLC now owns 51,588 shares of the company’s stock valued at $768,000 after buying an additional 963 shares in the last quarter. Comerica Bank increased its holdings in shares of Nuveen Dow 30 Dynamic Overwrite Fund by 23.3% during the 1st quarter. Comerica Bank now owns 5,973 shares of the company’s stock valued at $87,000 after acquiring an additional 1,128 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Nuveen Dow 30 Dynamic Overwrite Fund by 1.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 89,928 shares of the company’s stock valued at $1,339,000 after acquiring an additional 1,262 shares during the last quarter. Sagespring Wealth Partners LLC raised its stake in shares of Nuveen Dow 30 Dynamic Overwrite Fund by 6.5% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 22,325 shares of the company’s stock valued at $332,000 after acquiring an additional 1,362 shares in the last quarter. Finally, Kapstone Financial Advisors LLC lifted its holdings in Nuveen Dow 30 Dynamic Overwrite Fund by 11.1% in the 3rd quarter. Kapstone Financial Advisors LLC now owns 14,065 shares of the company’s stock worth $209,000 after purchasing an additional 1,400 shares during the last quarter.

About Nuveen Dow 30 Dynamic Overwrite Fund

Nuveen Dow 30 Dynamic Overwrite Fund is a closed-ended equity mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of large cap companies. The fund also invests through call options. It seeks to replicate the performance of Dow Jones Industrial Average.