Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Plans Monthly Dividend of $0.07

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.0665 per share by the financial services provider on Monday, December 1st. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date is Friday, November 14th.

Nuveen Preferred & Income Opportunities Fund Stock Performance

NYSE JPC opened at $8.17 on Tuesday. The stock’s 50 day simple moving average is $8.16 and its 200-day simple moving average is $8.02. Nuveen Preferred & Income Opportunities Fund has a 1-year low of $6.79 and a 1-year high of $8.29.

Institutional Investors Weigh In On Nuveen Preferred & Income Opportunities Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its holdings in Nuveen Preferred & Income Opportunities Fund by 56.1% in the first quarter. Bank of New York Mellon Corp now owns 29,660 shares of the financial services provider’s stock valued at $236,000 after acquiring an additional 10,660 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Nuveen Preferred & Income Opportunities Fund by 18.5% in the 1st quarter. Concurrent Investment Advisors LLC now owns 32,590 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 5,089 shares during the last quarter. Penserra Capital Management LLC grew its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 1.1% during the 1st quarter. Penserra Capital Management LLC now owns 673,102 shares of the financial services provider’s stock worth $5,357,000 after purchasing an additional 7,287 shares during the period. Planning Directions Inc. purchased a new position in shares of Nuveen Preferred & Income Opportunities Fund during the 1st quarter worth $363,000. Finally, Wealth Advisory Solutions LLC increased its position in shares of Nuveen Preferred & Income Opportunities Fund by 21.7% during the 1st quarter. Wealth Advisory Solutions LLC now owns 244,083 shares of the financial services provider’s stock worth $1,943,000 after purchasing an additional 43,490 shares during the last quarter.

Nuveen Preferred & Income Opportunities Fund Company Profile

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.