Nuveen Preferred & Income Opportunities Fund (JPC) to Distribute Monthly Dividend of $0.06 on October 1st

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0625 per share by the financial services provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Preferred & Income Opportunities Fund Trading Down 0.1%

Shares of NYSE JPC opened at $7.37 on Thursday. Nuveen Preferred & Income Opportunities Fund has a 52 week low of $7.22 and a 52 week high of $8.30. The firm has a 50-day moving average price of $7.71 and a 200 day moving average price of $7.84.

Institutional Investors Weigh In On Nuveen Preferred & Income Opportunities Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE purchased a new position in Nuveen Preferred & Income Opportunities Fund in the 2nd quarter valued at approximately $39,705,000. Royal Bank of Canada grew its holdings in Nuveen Preferred & Income Opportunities Fund by 154.9% in the first quarter. Royal Bank of Canada now owns 2,881,952 shares of the financial services provider’s stock valued at $21,730,000 after purchasing an additional 1,751,478 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in Nuveen Preferred & Income Opportunities Fund by 56.8% in the fourth quarter. Kestra Advisory Services LLC now owns 657,118 shares of the financial services provider’s stock valued at $5,329,000 after purchasing an additional 237,977 shares during the last quarter. Jane Street Group LLC increased its position in shares of Nuveen Preferred & Income Opportunities Fund by 176.5% in the fourth quarter. Jane Street Group LLC now owns 318,905 shares of the financial services provider’s stock valued at $2,586,000 after buying an additional 203,579 shares in the last quarter. Finally, Wright Wealth LLC purchased a new position in shares of Nuveen Preferred & Income Opportunities Fund in the fourth quarter valued at $1,403,000.

Nuveen Preferred & Income Opportunities Fund Company Profile

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.