10,000 Shares in Nuveen Preferred & Income Oprtnts Fnd (JPC) Acquired by Kovack Advisors Inc.

10,000 Shares in Nuveen Preferred & Income Oprtnts Fnd (JPC) Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. bought a new position in shares of Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) during the 1st quarter, HoldingsChannel reports. The fund bought 10,000 shares of the financial services provider’s stock, valued at approximately $95,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bruderman Asset Management LLC acquired a new stake in shares of Nuveen Preferred & Income Oprtnts Fnd during the 4th quarter worth $31,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of Nuveen Preferred & Income Oprtnts Fnd during the 1st quarter worth $98,000. Pettinga Financial Advisors LLC bought a new stake in shares of Nuveen Preferred & Income Oprtnts Fnd during the 4th quarter worth $89,000. Suntrust Banks Inc. bought a new stake in shares of Nuveen Preferred & Income Oprtnts Fnd during the 4th quarter worth $107,000. Finally, We Are One Seven LLC lifted its position in shares of Nuveen Preferred & Income Oprtnts Fnd by 13.6% during the 1st quarter. We Are One Seven LLC now owns 11,374 shares of the financial services provider’s stock worth $108,000 after buying an additional 1,362 shares during the last quarter.

Shares of JPC stock opened at $9.58 on Thursday. Nuveen Preferred & Income Oprtnts Fnd has a twelve month low of $7.80 and a twelve month high of $9.92.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a dividend of $0.061 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.73 annualized dividend and a dividend yield of 7.64%.

About Nuveen Preferred & Income Oprtnts Fnd

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.

Featured Story: Purposes and Functions of the Federal Reserve

Want to see what other hedge funds are holding JPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC).

Related posts

Leave a Comment