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

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.0625 per share by the financial services provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date is Friday, August 14th.

Nuveen Preferred & Income Opportunities Fund Price Performance

NYSE JPC opened at $7.73 on Tuesday. The firm has a 50-day moving average price of $7.81 and a 200 day moving average price of $7.93. Nuveen Preferred & Income Opportunities Fund has a 52-week low of $7.22 and a 52-week high of $8.30.

Institutional Trading of Nuveen Preferred & Income Opportunities Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC grew its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 6.8% during the fourth quarter. Jacobi Capital Management LLC now owns 20,475 shares of the financial services provider’s stock worth $166,000 after buying an additional 1,300 shares in the last quarter. Quantinno Capital Management LP lifted its stake in Nuveen Preferred & Income Opportunities Fund by 7.5% in the first quarter. Quantinno Capital Management LP now owns 18,955 shares of the financial services provider’s stock valued at $143,000 after acquiring an additional 1,315 shares during the last quarter. Creative Planning grew its holdings in Nuveen Preferred & Income Opportunities Fund by 13.7% during 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 during the period. Geneos Wealth Management Inc. boosted its stake in shares of Nuveen Preferred & Income Opportunities Fund by 0.8% during the 4th quarter. Geneos Wealth Management Inc. now owns 196,865 shares of the financial services provider’s stock worth $1,597,000 after acquiring an additional 1,509 shares during the period. Finally, Perigon Wealth Management LLC increased its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 15.0% in the fourth quarter. Perigon Wealth Management LLC now owns 15,312 shares of the financial services provider’s stock valued at $124,000 after purchasing an additional 2,000 shares during the last quarter.

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.