Nuveen Senior Income Fund (NYSE:NSL) Stock Price Crosses Above 50 Day Moving Average of $5.43

Posted by on Feb 23rd, 2021

Nuveen Senior Income Fund (NYSE:NSL)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.43 and traded as high as $5.52. Nuveen Senior Income Fund shares last traded at $5.47, with a volume of 1,652,601 shares traded.

The firm has a 50-day moving average of $5.43 and a two-hundred day moving average of $5.07.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 1st. Investors of record on Friday, February 12th will be given a $0.0305 dividend. The ex-dividend date is Thursday, February 11th. This represents a $0.37 annualized dividend and a yield of 6.69%.

A number of institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers purchased a new position in Nuveen Senior Income Fund in the fourth quarter worth approximately $84,000. Archer Investment Corp purchased a new position in shares of Nuveen Senior Income Fund during the fourth quarter worth $142,000. Citigroup Inc. boosted its position in shares of Nuveen Senior Income Fund by 108.7% during the fourth quarter. Citigroup Inc. now owns 5,425 shares of the investment management company’s stock worth $28,000 after buying an additional 2,826 shares during the period. Cerity Partners LLC purchased a new position in shares of Nuveen Senior Income Fund during the fourth quarter worth $60,000. Finally, Oppenheimer & Co. Inc. purchased a new position in shares of Nuveen Senior Income Fund during the fourth quarter worth $153,000.

Nuveen Senior Income Fund Company Profile (NYSE:NSL)

Nuveen Senior Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc It is managed by Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate U.S dollar-denominated secured Senior Loans. Nuveen Senior Income Fund was formed on October 26, 1999 and is domiciled in the United States.

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