Oppenheimer & Co. Inc. raised its holdings in Nuveen Diversified Dividend & Income Fd. (NYSE:JDD) by 3.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,850 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Oppenheimer & Co. Inc. owned 0.09% of Nuveen Diversified Dividend & Income Fd. worth $214,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Pekin Singer Strauss Asset Management IL boosted its holdings in shares of Nuveen Diversified Dividend & Income Fd. by 10.8% in the 2nd quarter. Pekin Singer Strauss Asset Management IL now owns 12,575 shares of the company’s stock valued at $160,000 after purchasing an additional 1,225 shares in the last quarter. IFC Holdings Incorporated FL boosted its holdings in shares of Nuveen Diversified Dividend & Income Fd. by 37.9% in the 2nd quarter. IFC Holdings Incorporated FL now owns 31,261 shares of the company’s stock valued at $398,000 after purchasing an additional 8,584 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Nuveen Diversified Dividend & Income Fd. by 3.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,793 shares of the company’s stock valued at $430,000 after purchasing an additional 1,252 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Nuveen Diversified Dividend & Income Fd. by 17.1% in the 2nd quarter. First Trust Advisors LP now owns 153,367 shares of the company’s stock valued at $1,951,000 after purchasing an additional 22,446 shares in the last quarter.

Shares of Nuveen Diversified Dividend & Income Fd. (JDD) opened at 12.56 on Thursday. Nuveen Diversified Dividend & Income Fd. has a one year low of $10.69 and a one year high of $13.25. The firm has a 50 day moving average price of $12.73 and a 200-day moving average price of $12.47.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be issued a dividend of $0.27 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.08 dividend on an annualized basis and a yield of 8.60%.

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Nuveen Diversified Dividend & Income Fd. Profile

Nuveen Diversified Dividend and Income Fund (the Fund) is a diversified, closed-end investment company. The Fund’s investment objectives are high current income and total return. The Fund invests approximately equal proportions in the United States and foreign dividend-paying common stocks, dividend-paying common stocks issued by real estate investment trusts (REITs), emerging markets sovereign debt, and adjustable rate senior loans.

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Institutional Ownership by Quarter for Nuveen Diversified Dividend & Income Fd. (NYSE:JDD)

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