D.A. Davidson & CO. grew its position in shares of Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) by 60.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,724 shares of the financial services provider’s stock after acquiring an additional 7,459 shares during the quarter. D.A. Davidson & CO. owned 0.05% of Nuveen Floating Rate Income Opportnty Fd worth $230,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Eaton Vance Management acquired a new position in Nuveen Floating Rate Income Opportnty Fd during the 2nd quarter worth approximately $3,095,000. Stratos Wealth Partners LTD. boosted its position in Nuveen Floating Rate Income Opportnty Fd by 27.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 82,526 shares of the financial services provider’s stock worth $963,000 after acquiring an additional 17,705 shares during the last quarter. Aviance Capital Partners LLC boosted its position in Nuveen Floating Rate Income Opportnty Fd by 21.4% during the 2nd quarter. Aviance Capital Partners LLC now owns 76,795 shares of the financial services provider’s stock worth $896,000 after acquiring an additional 13,539 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Nuveen Floating Rate Income Opportnty Fd by 11.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 43,687 shares of the financial services provider’s stock worth $510,000 after acquiring an additional 4,331 shares during the last quarter. Finally, Wedbush Securities Inc. acquired a new position in Nuveen Floating Rate Income Opportnty Fd during the 2nd quarter worth approximately $244,000.

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Nuveen Floating Rate Income Opportnty Fd (NYSE JRO) opened at 11.75 on Thursday. The firm’s 50-day moving average price is $11.72 and its 200-day moving average price is $11.76. Nuveen Floating Rate Income Opportnty Fd has a 52-week low of $10.94 and a 52-week high of $12.93.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, October 13th will be issued a dividend of $0.0705 per share. The ex-dividend date is Thursday, October 12th. This represents a $0.85 annualized dividend and a dividend yield of 7.20%.

In other news, insider Scott C. Caraher sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $11.80, for a total transaction of $141,600.00. Following the completion of the sale, the insider now owns 12,136 shares in the company, valued at $143,204.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Scott C. Caraher sold 7,611 shares of the business’s stock in a transaction that occurred on Thursday, July 13th. The shares were sold at an average price of $11.67, for a total value of $88,820.37. Following the sale, the insider now owns 39,800 shares of the company’s stock, valued at approximately $464,466. The disclosure for this sale can be found here.

Nuveen Floating Rate Income Opportnty Fd Company Profile

Nuveen Floating Rate Income Opportunity Fund is a diversified closed-end management investment company. The Fund’s investment objective is to achieve a high level of current income. The Fund invests approximately 80% of its managed assets in adjustable rate loans, primarily secured senior loans. As part of the 80% requirement, the Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans.

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Institutional Ownership by Quarter for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)

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