Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) : Advocacy Wealth Management Services scooped up 41,466 additional shares in Nuveen S&P 500 Dynamic Overwrite Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 201,036 shares of Nuveen S&P 500 Dynamic Overwrite Fund which is valued at $2,709,965.Nuveen S&P 500 Dynamic Overwrite Fund makes up approximately 1.36% of Advocacy Wealth Management Services’s portfolio.
Nuveen S&P 500 Dynamic Overwrite Fund opened for trading at $13.5 and hit $13.5 on the upside on Friday, eventually ending the session at $13.48, with a gain of 0.15% or 0.02 points. The heightened volatility saw the trading volume jump to 26,489 shares. Company has a market cap of $222 M.
Other Hedge Funds, Including , Blue Bell Private Wealth Management boosted its stake in SPXX in the latest quarter, The investment management firm added 24,358 additional shares and now holds a total of 48,436 shares of Nuveen S&P 500 Dynamic Overwrite Fund which is valued at $654,370. Nuveen S&P 500 Dynamic Overwrite Fund makes up approx 0.44% of Blue Bell Private Wealth Management’s portfolio.Creative Planning reduced its stake in SPXX by selling 600 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 600 shares of SPXX which is valued at $8,058.
Nuveen S&P 500 Dynamic Overwrite Fund formerly Nuveen Equity Premium and Growth 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 and 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).