Nuveen Core Equity Alpha Fund (NYSE:JCE – Get Rating) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 16,800 shares, a decline of 39.1% from the October 31st total of 27,600 shares. Based on an average trading volume of 79,500 shares, the short-interest ratio is currently 0.2 days.
Institutional Trading of Nuveen Core Equity Alpha Fund
Several institutional investors have recently modified their holdings of JCE. Steward Partners Investment Advisory LLC lifted its position in shares of Nuveen Core Equity Alpha Fund by 21.1% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 8,600 shares of the company's stock worth $151,000 after buying an additional 1,500 shares during the last quarter. Strategic Wealth Advisors Group LLC purchased a new stake in shares of Nuveen Core Equity Alpha Fund during the 1st quarter worth approximately $312,000. Karpus Management Inc. lifted its position in shares of Nuveen Core Equity Alpha Fund by 28.3% during the 1st quarter. Karpus Management Inc. now owns 25,000 shares of the company's stock worth $439,000 after buying an additional 5,507 shares during the last quarter. UBS Group AG lifted its position in shares of Nuveen Core Equity Alpha Fund by 5.2% during the 1st quarter. UBS Group AG now owns 77,458 shares of the company's stock worth $1,359,000 after buying an additional 3,815 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Nuveen Core Equity Alpha Fund by 4.9% during the 1st quarter. Invesco Ltd. now owns 197,418 shares of the company's stock worth $3,463,000 after buying an additional 9,211 shares during the last quarter.
Get Nuveen Core Equity Alpha Fund alerts:Nuveen Core Equity Alpha Fund Trading Up 1.2 %
NYSE JCE opened at $13.46 on Wednesday. Nuveen Core Equity Alpha Fund has a 52 week low of $11.78 and a 52 week high of $18.60. The firm has a 50 day moving average of $13.40 and a two-hundred day moving average of $13.99.
Nuveen Core Equity Alpha Fund Increases Dividend
The business also recently disclosed a — dividend, which was paid on Tuesday, November 1st. Stockholders of record on Monday, October 17th were given a dividend of $0.7503 per share. This represents a dividend yield of 10.6%. The ex-dividend date was Friday, October 14th. This is an increase from Nuveen Core Equity Alpha Fund's previous — dividend of $0.62.Nuveen Core Equity Alpha Fund Company Profile
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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.
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