Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Sees Unusually-High Trading Volume – Still a Buy?

Posted by Stanley Muller on Jul 1st, 2026

Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX – Get Free Report) shares saw strong trading volume on Wednesday . Approximately 93,821 shares changed hands during trading, a decline of 22% from the previous session’s volume of 120,188 shares.The stock last traded at $30.3150 and had previously closed at $30.14.

Nuveen NASDAQ 100 Dynamic Overwrite Fund Stock Up 1.1%

The business’s fifty day simple moving average is $30.26 and its two-hundred day simple moving average is $28.75.

Nuveen NASDAQ 100 Dynamic Overwrite Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.738 per share. This is an increase from Nuveen NASDAQ 100 Dynamic Overwrite Fund’s previous quarterly dividend of $0.61. This represents a $2.95 dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Investors Weigh In On Nuveen NASDAQ 100 Dynamic Overwrite Fund

A number of institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its holdings in Nuveen NASDAQ 100 Dynamic Overwrite Fund by 14.4% in the 1st quarter. NewEdge Advisors LLC now owns 54,584 shares of the company’s stock valued at $1,456,000 after acquiring an additional 6,882 shares in the last quarter. Axiom Investment Management LLC acquired a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund during the 1st quarter worth approximately $78,000. Western Wealth Management LLC bought a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund during the first quarter valued at approximately $108,000. Bank of America Corp DE increased its position in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund by 3.1% during the first quarter. Bank of America Corp DE now owns 375,648 shares of the company’s stock valued at $10,019,000 after purchasing an additional 11,219 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund by 0.3% in the first quarter. Royal Bank of Canada now owns 745,857 shares of the company’s stock valued at $19,892,000 after purchasing an additional 2,177 shares in the last quarter. 23.60% of the stock is owned by institutional investors and hedge funds.

About Nuveen NASDAQ 100 Dynamic Overwrite Fund

(Get Free Report)

The Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ: QQQX) is a closed-end management investment company that seeks to provide investors with a high level of current income while maintaining prospects for capital appreciation. The fund primarily invests in the equity securities included in the NASDAQ-100 Index, giving investors exposure to leading U.S. companies in the technology, consumer services, healthcare and industrial sectors. As a publicly traded fund, QQQX offers daily liquidity through its listing on the Nasdaq Stock Market.

In pursuit of its income objective, QQQX employs a dynamic covered call strategy, writing call options on its NASDAQ-100 holdings to generate option premium.