Cambridge Investment Research Advisors Inc. trimmed its position in Nuveen Diversified Dividend & Income Fd. (NYSE:JDD) by 33.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,024 shares of the company’s stock after selling 11,681 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.12% of Nuveen Diversified Dividend & Income Fd. worth $283,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of JDD. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Nuveen Diversified Dividend & Income Fd. by 20.9% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 73,075 shares of the company’s stock worth $940,000 after buying an additional 12,636 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Nuveen Diversified Dividend & Income Fd. during the 3rd quarter worth $156,000. Bruderman Asset Management LLC purchased a new stake in shares of Nuveen Diversified Dividend & Income Fd. during the 4th quarter worth $135,000. Cetera Advisors LLC purchased a new stake in shares of Nuveen Diversified Dividend & Income Fd. during the 4th quarter worth $552,000. Finally, First Trust Advisors LP lifted its stake in shares of Nuveen Diversified Dividend & Income Fd. by 5.3% during the 4th quarter. First Trust Advisors LP now owns 184,565 shares of the company’s stock worth $2,269,000 after purchasing an additional 9,353 shares during the last quarter.

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Shares of NYSE JDD opened at $12.02 on Tuesday. Nuveen Diversified Dividend & Income Fd. has a 1-year low of $11.50 and a 1-year high of $13.25.

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 2nd. Investors of record on Thursday, March 15th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 8.99%. The ex-dividend date was Wednesday, March 14th.

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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.

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

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