Cordasco Financial Network Lowers stake in Nuveen S&P 500 Buy-Write Income Fund (BXMX)

Nuveen S&P 500 Buy-Write Income Fund (BXMX) : Cordasco Financial Network reduced its stake in Nuveen S&P 500 Buy-Write Income Fund by 68.24% during the most recent quarter end. The investment management company now holds a total of 93,785 shares of Nuveen S&P 500 Buy-Write Income Fund which is valued at $1,217,329 after selling 201,532 shares in Nuveen S&P 500 Buy-Write Income Fund , the firm said in a disclosure report filed with the SEC on Jul 25, 2016.Nuveen S&P 500 Buy-Write Income Fund makes up approximately 1.36% of Cordasco Financial Network’s portfolio.

Other Hedge Funds, Including , Huntington National Bank added BXMX to its portfolio by purchasing 989 company shares during the most recent quarter which is valued at $12,837. Oakworth Capital added BXMX to its portfolio by purchasing 1,605 company shares during the most recent quarter which is valued at $20,737. Nuveen S&P 500 Buy-Write Income Fund makes up approx 0.01% of Oakworth Capital’s portfolio.Puplava Financial Services reduced its stake in BXMX by selling 4,100 shares or 3.24% in the most recent quarter. The Hedge Fund company now holds 122,394 shares of BXMX which is valued at $1,578,883. Nuveen S&P 500 Buy-Write Income Fund makes up approx 0.90% of Puplava Financial Services’s portfolio.Next Financial Group Inc boosted its stake in BXMX in the latest quarter, The investment management firm added 412 additional shares and now holds a total of 7,517 shares of Nuveen S&P 500 Buy-Write Income Fund which is valued at $98,548. Nuveen S&P 500 Buy-Write Income Fund makes up approx 0.03% of Next Financial Group Inc’s portfolio. Iowa State Bank added BXMX to its portfolio by purchasing 783 company shares during the most recent quarter which is valued at $10,265. Nuveen S&P 500 Buy-Write Income Fund makes up approx 0.01% of Iowa State Bank’s portfolio.

Nuveen S&P 500 Buy-Write Income Fund closed down -0.02 points or -0.15% at $13.04 with 1,56,461 shares getting traded on Friday. Post opening the session at $13.08, the shares hit an intraday low of $12.98 and an intraday high of $13.0899 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Nuveen S&P 500 Buy-Write Income Fund formerly Nuveen Equity Premium Income Fund is a closed end fund. The Fund’s investment objective is to seek attractive total return with less volatility than the S&P 500 Index. The Fund’s portfolio comprises companies in oil gas and consumable fuels; banks; technology hardware storage and peripherals; Internet software and services; biotechnology; health care providers and services; food and staples retailing; diversified financial services; household products; beverages; health care equipment and supplies; aerospace & defense; media; insurance; health care equipment and supplies and industrial conglomerates sectors. The assets of Nuveen S&P 500 Buy-Write Income Fund are managed by Gateway Investment Advisers LLC (Gateway).

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