Nuveen Short Duration Credit Opp Fund (NYSE:JSD) Stock Crosses Below 50 Day Moving Average of $15.09

Nuveen Short Duration Credit Opp Fund (NYSE:JSD) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $15.09 and traded as low as $14.99. Nuveen Short Duration Credit Opp Fund shares last traded at $14.99, with a volume of 16,337 shares traded.

The company has a 50-day simple moving average of $15.09 and a 200 day simple moving average of $15.48.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be given a $0.097 dividend. This represents a $1.16 annualized dividend and a yield of 7.80%. The ex-dividend date is Thursday, September 12th.

In other Nuveen Short Duration Credit Opp Fund news, insider Scott C. Caraher sold 11,122 shares of Nuveen Short Duration Credit Opp Fund stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $15.09, for a total value of $167,830.98. The sale was disclosed in a filing with the SEC, which is available through this link.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. AdvisorNet Financial Inc bought a new stake in shares of Nuveen Short Duration Credit Opp Fund during the second quarter valued at approximately $38,000. RMB Capital Management LLC bought a new stake in shares of Nuveen Short Duration Credit Opp Fund during the second quarter valued at approximately $163,000. Janney Montgomery Scott LLC increased its position 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 purchasing an additional 900 shares during the period. Capital Investment Advisors LLC increased its position 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 purchasing an additional 2,000 shares during the period. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Nuveen Short Duration Credit Opp Fund during the second quarter valued at approximately $333,000.

About Nuveen Short Duration Credit Opp Fund (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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