Nuveen Short Duration Credit Opp Fund (NYSE:JSD) Share Price Passes Above 50-Day Moving Average of $15.05

Nuveen Short Duration Credit Opp Fund (NYSE:JSD) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.05 and traded as high as $14.88. Nuveen Short Duration Credit Opp Fund shares last traded at $14.86, with a volume of 800 shares.

The firm has a fifty day moving average price of $15.03 and a two-hundred day moving average price of $15.42.

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.097 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $1.16 annualized dividend and a dividend yield of 7.86%.

In other news, insider Scott C. Caraher sold 11,122 shares of the firm’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $15.09, for a total transaction of $167,830.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Several large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC increased its holdings in shares of Nuveen Short Duration Credit Opp Fund by 8.8% during the second quarter. Janney Montgomery Scott LLC now owns 11,115 shares of the closed-end fund’s stock valued at $176,000 after acquiring an additional 900 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Nuveen Short Duration Credit Opp Fund by 5.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 31,090 shares of the closed-end fund’s stock valued at $493,000 after acquiring an additional 1,600 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in shares of Nuveen Short Duration Credit Opp Fund by 18.5% during the second quarter. Capital Investment Advisors LLC now owns 12,835 shares of the closed-end fund’s stock valued at $203,000 after acquiring an additional 2,000 shares in the last quarter. AdvisorNet Financial Inc bought a new position in shares of Nuveen Short Duration Credit Opp Fund during the second quarter valued at $38,000. Finally, First Trust Advisors LP increased its holdings in shares of Nuveen Short Duration Credit Opp Fund by 3.9% during the first quarter. First Trust Advisors LP now owns 75,767 shares of the closed-end fund’s stock valued at $1,177,000 after acquiring an additional 2,870 shares in the last quarter.

Nuveen Short Duration Credit Opp Fund Company Profile (NYSE:JSD)

Nuveen Short Duration Credit Opportunities Fund is a fund launched and managed by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors, Inc and Symphony Asset Management LLC. It invests in fixed income markets. Nuveen Short Duration Credit Opportunities Fund is domiciled in United States.

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