Short Interest in Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA) Declines By 24.3%


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Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 13,100 shares, a drop of 24.3% from the March 15th total of 17,300 shares. Based on an average daily trading volume, of 65,400 shares, the short-interest ratio is currently 0.2 days.

Large investors have recently modified their holdings of the business. Wells Fargo & Company MN boosted its stake in shares of Nuveen Tax-Advantaged Total Return Strategy Fund by 35.7% during the 4th quarter. Wells Fargo & Company MN now owns 19,065 shares of the investment management company’s stock valued at $180,000 after buying an additional 5,016 shares during the period. LPL Financial LLC boosted its stake in shares of Nuveen Tax-Advantaged Total Return Strategy Fund by 29.5% during the 4th quarter. LPL Financial LLC now owns 38,185 shares of the investment management company’s stock valued at $360,000 after buying an additional 8,696 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Nuveen Tax-Advantaged Total Return Strategy Fund during the 4th quarter valued at $187,000. Clough Capital Partners L P acquired a new stake in shares of Nuveen Tax-Advantaged Total Return Strategy Fund during the 4th quarter valued at $707,000. Finally, RMB Capital Management LLC lifted its stake in shares of Nuveen Tax-Advantaged Total Return Strategy Fund by 191.8% in the 4th quarter. RMB Capital Management LLC now owns 94,644 shares of the investment management company’s stock valued at $892,000 after purchasing an additional 62,215 shares during the last quarter.

Shares of NYSE:JTA traded up $0.08 during trading on Friday, reaching $11.05. 44,254 shares of the company traded hands, compared to its average volume of 63,526. The firm has a fifty day simple moving average of $10.55 and a 200 day simple moving average of $9.44. Nuveen Tax-Advantaged Total Return Strategy Fund has a 1-year low of $7.25 and a 1-year high of $11.12.

The business also recently announced a quarterly dividend, which was paid on Thursday, April 1st. Shareholders of record on Monday, March 15th were paid a dividend of $0.192 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date was Friday, March 12th.

About Nuveen Tax-Advantaged Total Return Strategy Fund

Nuveen Tax-Advantaged Total Return Strategy Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors, LLC, NWQ Investment Management Company, LLC, and Symphony Asset Management LLC. It invests in the public equity and fixed income markets of the United States.

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