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) shares dropped 0.4% during mid-day trading on Monday . The company traded as low as $13.76 and last traded at $13.8510. Approximately 140,883 shares changed hands during mid-day 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 Down 0.4%

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

Nuveen Real Asset Income and Growth Fund Dividend Announcement

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

Institutional Investors Weigh In On Nuveen Real Asset Income and Growth Fund

A number of institutional investors have recently modified their holdings of JRI. Janney Montgomery Scott LLC purchased a new stake in shares of Nuveen Real Asset Income and Growth Fund in the first quarter worth $143,000. World Investment Advisors grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 52.9% in the first quarter. World Investment Advisors now owns 28,133 shares of the company’s stock worth $364,000 after acquiring an additional 9,735 shares during the last quarter. Prevail Innovative Wealth Advisors LLC grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 18.7% in the first quarter. Prevail Innovative Wealth Advisors LLC now owns 119,683 shares of the company’s stock worth $1,549,000 after acquiring an additional 18,844 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 5.2% in the first quarter. Private Advisor Group LLC now owns 155,075 shares of the company’s stock worth $2,007,000 after acquiring an additional 7,679 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 10.4% in the first quarter. Cetera Investment Advisers now owns 47,354 shares of the company’s stock worth $613,000 after acquiring an additional 4,474 shares during 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.