Nuveen Senior Income Fund (NYSE:NSL) Stock Crosses Below 50-Day Moving Average of $5.72

Nuveen Senior Income Fund (NYSE:NSL) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.72 and traded as low as $5.69. Nuveen Senior Income Fund shares last traded at $5.69, with a volume of 1,016 shares.

The company has a fifty day moving average price of $5.72 and a 200 day moving average price of $5.82.

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be issued a $0.036 dividend. The ex-dividend date of this dividend is Friday, October 11th. This represents a $0.43 annualized dividend and a dividend yield of 7.61%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. CWM LLC purchased a new position in Nuveen Senior Income Fund during the 2nd quarter valued at about $25,000. Doliver Advisors LP purchased a new position in Nuveen Senior Income Fund during the 2nd quarter valued at about $85,000. Summit Financial Wealth Advisors LLC increased its holdings in Nuveen Senior Income Fund by 21.0% during the 2nd quarter. Summit Financial Wealth Advisors LLC now owns 16,450 shares of the investment management company’s stock valued at $98,000 after purchasing an additional 2,850 shares during the period. Commonwealth Equity Services LLC increased its holdings in Nuveen Senior Income Fund by 27.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 18,069 shares of the investment management company’s stock valued at $107,000 after purchasing an additional 3,899 shares during the period. Finally, Weiss Asset Management LP increased its holdings in Nuveen Senior Income Fund by 32.7% during the 1st quarter. Weiss Asset Management LP now owns 35,092 shares of the investment management company’s stock valued at $204,000 after purchasing an additional 8,651 shares during the period.

About Nuveen Senior Income Fund (NYSE:NSL)

Nuveen Senior Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc It is managed by Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate U.S dollar-denominated secured Senior Loans. Nuveen Senior Income Fund was formed on October 26, 1999 and is domiciled in the United States.

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