Insider Buying: Gifford R. Zimmerman Purchases 1,300 Shares of Nuveen Dividend Advantage Municipal Fd 2 Stock (NXZ)
Nuveen Dividend Advantage Municipal Fd 2 (NYSE:NXZ) Insider Gifford R. Zimmerman bought 1,300 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were purchased at an average price of $13.78 per share, for a total transaction of $17,914.00. Following the completion of the acquisition, the insider now directly owns 2,000 shares of the company’s stock, valued at approximately $27,560. The acquisition was disclosed in a filing with the SEC, which is available at this link.
Nuveen Dividend Advantage Municipal Fd 2 (NYSE:NXZ) traded down 0.22% on Wednesday, hitting $13.85. The stock had a trading volume of 49,030 shares. Nuveen Dividend Advantage Municipal Fd 2 has a 1-year low of $12.19 and a 1-year high of $14.26. The stock’s 50-day moving average is $13.74 and its 200-day moving average is $13.75.
Nuveen Dividend Advantage Municipal Fund 2 (NYSE:NXZ) is a diversified closed-end investment company.
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