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

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

Nuveen Core Equity Alpha Fund Trading Down 1.1 %

The stock has a fifty day moving average price of $13.78 and a 200-day moving average price of $13.32.

Nuveen Core Equity Alpha Fund Dividend Announcement

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

Institutional Trading of Nuveen Core Equity Alpha Fund

Institutional investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC boosted its holdings in Nuveen Core Equity Alpha Fund by 86.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 21,681 shares of the company’s stock worth $270,000 after acquiring an additional 10,062 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Nuveen Core Equity Alpha Fund by 19.7% in the first quarter. International Assets Investment Management LLC now owns 40,104 shares of the company’s stock valued at $561,000 after purchasing an additional 6,609 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Nuveen Core Equity Alpha Fund by 11.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 50,768 shares of the company’s stock valued at $688,000 after purchasing an additional 5,171 shares in the last quarter. Spire Wealth Management increased its stake in Nuveen Core Equity Alpha Fund by 2.8% during the 3rd quarter. Spire Wealth Management now owns 80,685 shares of the company’s stock worth $1,003,000 after buying an additional 2,192 shares during the period. Finally, Capital Investment Advisors LLC lifted its holdings in Nuveen Core Equity Alpha Fund by 27.2% in the 4th quarter. Capital Investment Advisors LLC now owns 125,193 shares of the company’s stock worth $1,696,000 after buying an additional 26,733 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.