Nuveen Core Equity Alpha Fund (NYSE:JCE) Stock Price Down 0% – Time to Sell?

Nuveen Core Equity Alpha Fund (NYSE:JCE)’s stock price fell 0% during trading on Tuesday . The company traded as low as $15.93 and last traded at $15.9750. 52,941 shares were traded during mid-day trading, a decline of 10% from the average session volume of 58,876 shares. The stock had previously closed at $15.98.

Nuveen Core Equity Alpha Fund Stock Performance

The company has a 50-day moving average of $15.95 and a two-hundred day moving average of $15.76.

Nuveen Core Equity Alpha Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 8.0%. The ex-dividend date was Monday, December 15th.

Institutional Investors Weigh In On Nuveen Core Equity Alpha Fund

A number of institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC raised its stake in Nuveen Core Equity Alpha Fund by 1.9% during the fourth quarter. International Assets Investment Management LLC now owns 53,002 shares of the company’s stock worth $845,000 after purchasing an additional 1,011 shares during the period. Calamos Advisors LLC grew its stake in shares of Nuveen Core Equity Alpha Fund by 32.1% during the 4th quarter. Calamos Advisors LLC now owns 17,253 shares of the company’s stock valued at $275,000 after buying an additional 4,194 shares during the period. Shaker Financial Services LLC increased its holdings in shares of Nuveen Core Equity Alpha Fund by 3.8% during the 4th quarter. Shaker Financial Services LLC now owns 560,717 shares of the company’s stock worth $8,938,000 after buying an additional 20,479 shares during the last quarter. CWM LLC increased its holdings in shares of Nuveen Core Equity Alpha Fund by 341.9% during the 4th quarter. CWM LLC now owns 5,816 shares of the company’s stock worth $93,000 after buying an additional 4,500 shares during the last quarter. Finally, Sowell Financial Services LLC raised its position in shares of Nuveen Core Equity Alpha Fund by 15.7% in the 4th quarter. Sowell Financial Services LLC now owns 16,957 shares of the company’s stock worth $270,000 after buying an additional 2,299 shares during the period.

Nuveen Core Equity Alpha Fund Company Profile

Nuveen Core Equity Alpha Fund (NYSE: JCE) is a diversified, closed-end management investment company sponsored by Nuveen, a TIAA company. The fund’s primary objective is to seek total return through a combination of income and capital appreciation. Nuveen Core Equity Alpha Fund manages its portfolio primarily in U.S. equity securities, focusing on established, large-capitalization companies across multiple sectors.

Under the direction of Nuveen’s equity specialists, the fund employs a bottom-up research process to identify companies with attractive valuation, quality earnings prospects and sustainable cash flow.