Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) Shares Cross Below 200 Day Moving Average – What’s Next?

Posted by Wayne Rhoads on Mar 29th, 2025

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.35 and traded as low as $17.14. Nuveen S&P 500 Dynamic Overwrite Fund shares last traded at $17.21, with a volume of 248,596 shares trading hands.

Nuveen S&P 500 Dynamic Overwrite Fund Stock Performance

The company’s 50 day moving average price is $17.78 and its 200-day moving average price is $17.35.

Nuveen S&P 500 Dynamic Overwrite Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.3375 per share. This represents a $1.35 annualized dividend and a yield of 8.03%. The ex-dividend date is Friday, March 14th.

Institutional Investors Weigh In On Nuveen S&P 500 Dynamic Overwrite Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC bought a new stake in Nuveen S&P 500 Dynamic Overwrite Fund in the third quarter valued at approximately $30,000. JPMorgan Chase & Co. lifted its stake in Nuveen S&P 500 Dynamic Overwrite Fund by 29,533.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,778 shares of the investment management company’s stock valued at $32,000 after buying an additional 1,772 shares during the period. South Plains Financial Inc. bought a new position in shares of Nuveen S&P 500 Dynamic Overwrite Fund during the 4th quarter worth approximately $44,000. Aptus Capital Advisors LLC acquired a new stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund during the 4th quarter worth approximately $188,000. Finally, Independent Advisor Alliance bought a new stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund in the 4th quarter valued at $315,000.

About Nuveen S&P 500 Dynamic Overwrite Fund

(Get Free Report)

Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed 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.