Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Shares Down 0.4% – Time to Sell?

Nuveen Real Asset Income and Growth Fund (NYSE:JRI)’s share price was down 0.4% during trading on Monday . The company traded as low as $13.76 and last traded at $13.8510. Approximately 140,883 shares traded hands during trading, an increase of 11% from the average daily volume of 126,769 shares. The stock had previously closed at $13.90.

Nuveen Real Asset Income and Growth Fund Stock Performance

The business has a fifty day moving average of $13.91 and a 200 day moving average of $13.38.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Wednesday, October 15th will be issued a dividend of $0.1335 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date is Wednesday, October 15th.

Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. SeaCrest Wealth Management LLC raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 3.1% during the second quarter. SeaCrest Wealth Management LLC now owns 25,008 shares of the company’s stock valued at $338,000 after acquiring an additional 753 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 0.8% during the second quarter. First Trust Advisors LP now owns 118,098 shares of the company’s stock valued at $1,594,000 after acquiring an additional 923 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 5.0% during the third quarter. DAVENPORT & Co LLC now owns 34,342 shares of the company’s stock valued at $489,000 after acquiring an additional 1,641 shares in the last quarter. WPG Advisers LLC bought a new position in shares of Nuveen Real Asset Income and Growth Fund during the first quarter valued at approximately $25,000. Finally, Harbour Investments Inc. raised its holdings in Nuveen Real Asset Income and Growth Fund by 3.1% in the second quarter. Harbour Investments Inc. now owns 67,025 shares of the company’s stock worth $905,000 after purchasing an additional 1,987 shares in the last quarter.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.