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

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMXGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.33 and traded as low as $14.18. Nuveen S&P 500 Buy-Write Income Fund shares last traded at $14.2650, with a volume of 118,608 shares changing hands.

Nuveen S&P 500 Buy-Write Income Fund Trading Down 0.7%

The stock has a fifty day simple moving average of $14.33 and a 200-day simple moving average of $13.91.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Monday, September 15th were given a $0.2725 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 7.6%.

Institutional Investors Weigh In On Nuveen S&P 500 Buy-Write Income Fund

Large investors have recently made changes to their positions in the stock. Harbour Investments Inc. bought a new position in shares of Nuveen S&P 500 Buy-Write Income Fund during the second quarter worth about $25,000. Eastern Bank bought a new position in Nuveen S&P 500 Buy-Write Income Fund in the first quarter valued at $29,000. Colonial Trust Advisors acquired a new stake in Nuveen S&P 500 Buy-Write Income Fund in the 2nd quarter valued at $31,000. Signaturefd LLC bought a new stake in Nuveen S&P 500 Buy-Write Income Fund during the 2nd quarter worth about $35,000. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of Nuveen S&P 500 Buy-Write Income Fund during the 2nd quarter worth about $40,000.

About Nuveen S&P 500 Buy-Write Income Fund

(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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