Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) : Shaker Financial Services added new position in Nuveen S&P 500 Dynamic Overwrite Fund during the most recent quarter end. The investment management firm now holds 109,712 shares of Nuveen S&P 500 Dynamic Overwrite Fund which is valued at $1,521,705 , the company said in a statement filed on Aug 1, 2016 with the SEC.Nuveen S&P 500 Dynamic Overwrite Fund makes up approximately 1.03% of Shaker Financial Services’s portfolio.
Other Hedge Funds, Including , Blue Bell Private Wealth Management reduced its stake in SPXX by selling 43,389 shares or 89.58% in the most recent quarter. The Hedge Fund company now holds 5,047 shares of SPXX which is valued at $70,456. Nuveen S&P 500 Dynamic Overwrite Fund makes up approx 0.04% of Blue Bell Private Wealth Management’s portfolio.Aviance Capital Management boosted its stake in SPXX in the latest quarter, The investment management firm added 8,005 additional shares and now holds a total of 18,164 shares of Nuveen S&P 500 Dynamic Overwrite Fund which is valued at $251,208. Nuveen S&P 500 Dynamic Overwrite Fund makes up approx 0.01% of Aviance Capital Management’s portfolio.
Nuveen S&P 500 Dynamic Overwrite Fund opened for trading at $13.89 and hit $14.01 on the upside on Thursday, eventually ending the session at $13.91, with a gain of 0.29% or 0.04 points. The heightened volatility saw the trading volume jump to 69,285 shares. Company has a market cap of $230 M.
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).