Nuveen Preferred & Income Opportunities Fund (JPC) to Issue Monthly Dividend of $0.06 on February 2nd

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be given a dividend of 0.0625 per share by the financial services provider on Monday, February 2nd. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date is Thursday, January 15th.

Nuveen Preferred & Income Opportunities Fund Trading Up 0.2%

Nuveen Preferred & Income Opportunities Fund stock traded up $0.02 during trading hours on Tuesday, reaching $8.19. 152,677 shares of the stock were exchanged, compared to its average volume of 798,324. Nuveen Preferred & Income Opportunities Fund has a twelve month low of $6.79 and a twelve month high of $8.29. The stock has a 50 day moving average of $8.11 and a two-hundred day moving average of $8.12.

Institutional Investors Weigh In On Nuveen Preferred & Income Opportunities Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Modern Wealth Management LLC bought a new position in shares of Nuveen Preferred & Income Opportunities Fund in the 1st quarter valued at $107,000. Advance Capital Management Inc. bought a new position in Nuveen Preferred & Income Opportunities Fund in the second quarter valued at about $128,000. Triumph Capital Management grew its position in Nuveen Preferred & Income Opportunities Fund by 10.0% in the second quarter. Triumph Capital Management now owns 110,974 shares of the financial services provider’s stock valued at $890,000 after acquiring an additional 10,060 shares during the last quarter. Sunpointe LLC acquired a new position in Nuveen Preferred & Income Opportunities Fund during the second quarter worth about $90,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 49.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 220,727 shares of the financial services provider’s stock worth $1,792,000 after acquiring an additional 72,910 shares during the last quarter.

About Nuveen Preferred & Income Opportunities Fund

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) is a closed-end management investment company managed by Nuveen Asset Management, an affiliate of Teachers Insurance and Annuity Association of America (TIAA). The fund’s primary objective is to provide high current income and the potential for capital appreciation by investing in a diversified portfolio of preferred and other income-producing securities.

The fund focuses on preferred and convertible securities issued by U.S. and global corporations, with flexibility to invest in common stocks, corporate debt, exchange-traded debt obligations and other fixed-income instruments.