First Trust Advisors LP grew its holdings in Nuveen Tax-Advantaged Dividend Growth Fd (NYSE:JTD) by 16.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,912 shares of the company’s stock after purchasing an additional 14,071 shares during the period. First Trust Advisors LP’s holdings in Nuveen Tax-Advantaged Dividend Growth Fd were worth $1,575,000 as of its most recent SEC filing.
Shares of Nuveen Tax-Advantaged Dividend Growth Fd (JTD) traded up 0.96% during midday trading on Friday, hitting $16.84. The stock had a trading volume of 39,940 shares. Nuveen Tax-Advantaged Dividend Growth Fd has a 52-week low of $13.67 and a 52-week high of $16.89. The firm has a 50 day moving average price of $16.29 and a 200-day moving average price of $15.77.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.36%. The ex-dividend date of this dividend is Thursday, September 14th.
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Nuveen Tax-Advantaged Dividend Growth Fd Company Profile
Nuveen Tax-Advantaged Dividend Growth Fund (the Fund) is a diversified closed-end registered investment company. The Fund’s investment objective is to provide an attractive level of tax-advantaged distributions and capital appreciation by investing in dividend-paying equity securities consisting primarily of common stocks of mid- to large-cap companies that have attractive dividend income and the potential for future dividend growth and capital appreciation.