Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) to Issue $0.06 Monthly Dividend

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be given a dividend of 0.0625 per share by the financial services provider on Thursday, October 1st. This represents a c) annualized dividend and a yield of 10.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Preferred & Income Opportunities Fund Price Performance

JPC stock opened at $7.39 on Wednesday. The stock’s fifty day simple moving average is $7.71 and its two-hundred day simple moving average is $7.85. Nuveen Preferred & Income Opportunities Fund has a 1-year low of $7.22 and a 1-year high of $8.30.

Institutional Trading of Nuveen Preferred & Income Opportunities Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Jacobi Capital Management LLC boosted its stake in Nuveen Preferred & Income Opportunities Fund by 6.8% in the fourth quarter. Jacobi Capital Management LLC now owns 20,475 shares of the financial services provider’s stock valued at $166,000 after acquiring an additional 1,300 shares during the last quarter. Quantinno Capital Management LP raised its holdings in Nuveen Preferred & Income Opportunities Fund by 7.5% during the 1st quarter. Quantinno Capital Management LP now owns 18,955 shares of the financial services provider’s stock valued at $143,000 after buying an additional 1,315 shares during the last quarter. Creative Planning raised its holdings in Nuveen Preferred & Income Opportunities Fund by 13.7% in the second quarter. Creative Planning now owns 12,482 shares of the financial services provider’s stock worth $100,000 after purchasing an additional 1,507 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in Nuveen Preferred & Income Opportunities Fund by 3.9% during the second quarter. Concurrent Investment Advisors LLC now owns 51,605 shares of the financial services provider’s stock valued at $407,000 after buying an additional 1,925 shares during the period. Finally, Investors Asset Management of Georgia Inc. GA ADV lifted its stake in shares of Nuveen Preferred & Income Opportunities Fund by 3.3% in the fourth quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 63,250 shares of the financial services provider’s stock worth $513,000 after buying an additional 2,000 shares in 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.