Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMXGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.37 and traded as low as $14.37. Nuveen S&P 500 Buy-Write Income Fund shares last traded at $14.43, with a volume of 113,777 shares trading hands.

Nuveen S&P 500 Buy-Write Income Fund Price Performance

The stock’s 50-day moving average price is $14.37 and its two-hundred day moving average price is $14.12.

Nuveen S&P 500 Buy-Write Income Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a yield of 7.6%. The ex-dividend date is Monday, December 15th.

Hedge Funds Weigh In On Nuveen S&P 500 Buy-Write Income Fund

Several large investors have recently made changes to their positions in the business. Harbour Investments Inc. purchased a new position in shares of Nuveen S&P 500 Buy-Write Income Fund in the 2nd quarter worth approximately $25,000. Colonial Trust Advisors acquired a new position in Nuveen S&P 500 Buy-Write Income Fund during the 2nd quarter valued at about $31,000. Signaturefd LLC purchased a new stake in Nuveen S&P 500 Buy-Write Income Fund in the second quarter valued at about $35,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund during the second quarter worth about $40,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Nuveen S&P 500 Buy-Write Income Fund in the second quarter worth $43,000.

Nuveen S&P 500 Buy-Write Income Fund Company Profile

(Get Free Report)

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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