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

Nuveen Core Equity Alpha Fund (NYSE:JCE) shares rose 1.8% on Tuesday . The stock traded as high as $13.90 and last traded at $13.81. Approximately 58,682 shares were traded 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 Price Performance

The firm’s 50-day simple moving average is $13.79 and its two-hundred day simple moving average is $13.31.

Nuveen Core Equity Alpha Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 9.27%. The ex-dividend date of this dividend was Thursday, March 14th.

Institutional Investors Weigh In On Nuveen Core Equity Alpha Fund

Institutional investors have recently modified their holdings of the business. Spire Wealth Management grew its holdings in Nuveen Core Equity Alpha Fund by 2.2% during 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 during the period. Steward Partners Investment Advisory LLC grew its holdings 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 valued at $688,000 after purchasing an additional 5,171 shares during the period. International Assets Investment Management LLC grew its holdings in Nuveen Core Equity Alpha Fund by 19.7% during 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. Commonwealth Equity Services LLC grew its holdings in Nuveen Core Equity Alpha Fund by 86.6% during the third quarter. Commonwealth Equity Services LLC now owns 21,681 shares of the company’s stock valued at $270,000 after purchasing an additional 10,062 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in Nuveen Core Equity Alpha Fund by 7.1% during the third quarter. Advisors Asset Management Inc. now owns 211,872 shares of the company’s stock valued at $2,634,000 after purchasing an additional 14,067 shares during the period.

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.