Signet Financial Management LLC decreased its stake in Nuveen Preferred & Income Securities Fnd (NYSE:JPS) by 12.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,748 shares of the real estate investment trust’s stock after selling 3,000 shares during the period. Signet Financial Management LLC’s holdings in Nuveen Preferred & Income Securities Fnd were worth $203,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of JPS. AE Wealth Management LLC bought a new position in shares of Nuveen Preferred & Income Securities Fnd in the 2nd quarter worth $1,088,000. Cetera Advisor Networks LLC grew its holdings in shares of Nuveen Preferred & Income Securities Fnd by 42.5% during the 1st quarter. Cetera Advisor Networks LLC now owns 170,672 shares of the real estate investment trust’s stock valued at $1,546,000 after purchasing an additional 50,912 shares during the last quarter. Ahrens Investment Partners LLC grew its holdings in shares of Nuveen Preferred & Income Securities Fnd by 66.4% during the 2nd quarter. Ahrens Investment Partners LLC now owns 123,653 shares of the real estate investment trust’s stock valued at $1,175,000 after purchasing an additional 49,343 shares during the last quarter. Shaker Financial Services LLC bought a new position in shares of Nuveen Preferred & Income Securities Fnd during the 2nd quarter valued at $449,000. Finally, Raymond James & Associates grew its holdings in shares of Nuveen Preferred & Income Securities Fnd by 18.0% during the 1st quarter. Raymond James & Associates now owns 294,453 shares of the real estate investment trust’s stock valued at $2,650,000 after purchasing an additional 44,883 shares during the last quarter.

Shares of JPS stock traded down $0.10 on Thursday, hitting $9.87. 227,950 shares of the company’s stock traded hands, compared to its average volume of 566,888. Nuveen Preferred & Income Securities Fnd has a one year low of $7.32 and a one year high of $9.99. The company’s fifty day simple moving average is $9.72 and its 200 day simple moving average is $9.39.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be issued a dividend of $0.056 per share. This represents a $0.67 annualized dividend and a dividend yield of 6.81%. The ex-dividend date of this dividend is Thursday, September 12th.

About Nuveen Preferred & Income Securities Fnd

Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Spectrum Asset Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch.

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Institutional Ownership by Quarter for Nuveen Preferred & Income Securities Fnd (NYSE:JPS)

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