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 stock in a transaction that occurred on Monday, August 25th. The shares were purchased at an average cost of $13.78 per share, for a total transaction of $17,914.00. Following the transaction, the insider now directly owns 2,000 shares in the company, valued at approximately $27,560. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Nuveen Dividend Advantage Municipal Fd 2 (NYSE:NXZ) opened at 13.90 on Friday. Nuveen Dividend Advantage Municipal Fd 2 has a one year low of $12.19 and a one year high of $14.26. The stock has a 50-day moving average of $13.76 and a 200-day moving average of $13.75.
Nuveen Dividend Advantage Municipal Fund 2 (NYSE:NXZ) is a diversified closed-end investment company.
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