Madison Covered Call & Equity Strtgy Fd (NYSE:MCN)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $6.94 and last traded at $6.98, with a volume of 900 shares trading hands. The stock had previously closed at $7.08.

Several large investors have recently modified their holdings of the company. Wells Fargo & Company MN raised its stake in shares of Madison Covered Call & Equity Strtgy Fd by 4.3% during the third quarter. Wells Fargo & Company MN now owns 289,269 shares of the investment management company’s stock valued at $2,225,000 after acquiring an additional 11,814 shares during the last quarter. LPL Financial LLC bought a new position in shares of Madison Covered Call & Equity Strtgy Fd during the third quarter valued at about $120,000. UBS Group AG raised its stake in shares of Madison Covered Call & Equity Strtgy Fd by 16.6% during the first quarter. UBS Group AG now owns 154,681 shares of the investment management company’s stock valued at $1,123,000 after acquiring an additional 21,998 shares during the last quarter. Dakota Wealth Management bought a new position in shares of Madison Covered Call & Equity Strtgy Fd during the third quarter valued at about $222,000. Finally, Bank of America Corp DE raised its stake in shares of Madison Covered Call & Equity Strtgy Fd by 88.9% during the second quarter. Bank of America Corp DE now owns 103,176 shares of the investment management company’s stock valued at $769,000 after acquiring an additional 48,570 shares during the last quarter.

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Madison Covered Call & Equity Strtgy Fd Company Profile (NYSE:MCN)

Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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