NINE MASTS CAPITAL Ltd trimmed its position in Nuveen Preferred Income Opportunities Fd (NYSE:JPC) by 48.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,100 shares of the financial services provider’s stock after selling 52,700 shares during the period. NINE MASTS CAPITAL Ltd owned approximately 0.05% of Nuveen Preferred Income Opportunities Fd worth $583,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its position in Nuveen Preferred Income Opportunities Fd by 16.0% in the second quarter. Ameriprise Financial Inc. now owns 106,350 shares of the financial services provider’s stock worth $1,106,000 after purchasing an additional 14,637 shares during the period. Private Advisor Group LLC acquired a new stake in Nuveen Preferred Income Opportunities Fd in the second quarter worth approximately $5,214,000. Flagship Harbor Advisors LLC acquired a new stake in Nuveen Preferred Income Opportunities Fd in the second quarter worth approximately $151,000. Gerber Kawasaki Wealth & Investment Management lifted its position in Nuveen Preferred Income Opportunities Fd by 35.8% in the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 155,833 shares of the financial services provider’s stock worth $1,633,000 after purchasing an additional 41,067 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its position in Nuveen Preferred Income Opportunities Fd by 11.1% in the second quarter. Oppenheimer & Co. Inc. now owns 16,114 shares of the financial services provider’s stock worth $168,000 after purchasing an additional 1,610 shares during the period.

Nuveen Preferred Income Opportunities Fd (NYSE JPC) traded up 0.623% during midday trading on Friday, reaching $10.495. The company’s stock had a trading volume of 115,188 shares. Nuveen Preferred Income Opportunities Fd has a 52-week low of $8.72 and a 52-week high of $10.75. The firm has a 50-day moving average price of $10.52 and a 200 day moving average price of $10.23.

The business also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be paid a dividend of $0.065 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.78 annualized dividend and a dividend yield of 7.43%.

WARNING: This article was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/09/16/nuveen-preferred-income-opportunities-fd-jpc-shares-sold-by-nine-masts-capital-ltd.html.

Nuveen Preferred Income Opportunities Fd Profile

Nuveen Preferred Income Opportunities Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income; and its secondary objective is total return. The Fund invests at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities, primarily income-oriented securities, such as corporate and taxable municipal debt, and common equity.

Institutional Ownership by Quarter for Nuveen Preferred Income Opportunities Fd (NYSE:JPC)

Receive News & Stock Ratings for Nuveen Preferred Income Opportunities Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Preferred Income Opportunities Fd and related stocks with our FREE daily email newsletter.