Wells Fargo & Company MN lowered its holdings in Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) by 4.9% during the 2nd quarter, Holdings Channel reports. The firm owned 1,038,065 shares of the financial services provider’s stock after selling 53,284 shares during the period. Wells Fargo & Company MN’s holdings in Nuveen Preferred & Income Oprtnts Fnd were worth $9,685,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Sphinx Trading LP purchased a new position in Nuveen Preferred & Income Oprtnts Fnd in the second quarter worth $252,000. Raymond James Financial Services Advisors Inc. boosted its position in Nuveen Preferred & Income Oprtnts Fnd by 12.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 51,457 shares of the financial services provider’s stock worth $480,000 after purchasing an additional 5,573 shares during the last quarter. Doliver Capital Advisors LP purchased a new position in Nuveen Preferred & Income Oprtnts Fnd in the first quarter worth $703,000. Lara May & Associates LLC purchased a new position in Nuveen Preferred & Income Oprtnts Fnd in the first quarter worth $769,000. Finally, Cornerstone Wealth Management LLC purchased a new position in Nuveen Preferred & Income Oprtnts Fnd in the second quarter worth $900,000.

Shares of JPC opened at $9.30 on Monday. Nuveen Preferred & Income Oprtnts Fnd has a 1 year low of $9.29 and a 1 year high of $10.69.

The company also recently announced a monthly dividend, which will be paid on Monday, October 1st. Shareholders of record on Friday, September 14th will be paid a $0.061 dividend. The ex-dividend date is Thursday, September 13th. This represents a $0.73 annualized dividend and a dividend yield of 7.87%.

Nuveen Preferred & Income Oprtnts Fnd Company Profile

Nuveen Preferred & Income Opportunities Fund, formerly Nuveen Preferred Income Opportunities Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income; and its secondary objective is total return. The Fund invests at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities, primarily income-oriented securities, such as corporate and taxable municipal debt, and common equity.

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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).

Institutional Ownership by Quarter for Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC)

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