Advisors Asset Management Inc. reduced its stake in Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd (NYSE:JTA) by 57.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 122,362 shares of the investment management company’s stock after selling 167,405 shares during the period. Advisors Asset Management Inc. owned approximately 0.88% of Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd worth $1,578,000 at the end of the most recent reporting period.

Separately, Shaker Financial Services LLC boosted its position in Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd by 18.9% in the second quarter. Shaker Financial Services LLC now owns 321,182 shares of the investment management company’s stock valued at $4,143,000 after buying an additional 51,047 shares during the last quarter.

Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd (NYSE:JTA) opened at 13.04 on Friday. Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd has a 1-year low of $11.00 and a 1-year high of $13.46. The company has a 50-day moving average price of $13.10 and a 200-day moving average price of $12.57.

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Separately, Stifel Nicolaus cut shares of Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd from a “buy” rating to a “hold” rating in a report on Monday, June 26th.

In other Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd news, insider William J. Schneider bought 30,700 shares of Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd stock in a transaction dated Wednesday, July 5th. The stock was acquired at an average cost of $12.95 per share, for a total transaction of $397,565.00. Following the completion of the transaction, the insider now directly owns 8,847 shares of the company’s stock, valued at $114,568.65. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider William J. Schneider bought 3,850 shares of Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd stock in a transaction dated Thursday, July 6th. The stock was acquired at an average price of $12.97 per share, with a total value of $49,934.50. Following the completion of the transaction, the insider now directly owns 34,550 shares of the company’s stock, valued at $448,113.50. The disclosure for this purchase can be found here.

About Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd

Nuveen Tax Advantaged Total Return Strategy Fund (the Fund) is a diversified, closed-end investment company. The Fund’s investment objective is to achieve a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation. It invests a substantial majority of its assets in common and preferred stocks whose dividends qualify for reduced income tax treatment.

Institutional Ownership by Quarter for Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd (NYSE:JTA)

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