Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Trading Up 0%

Shares of Nuveen Real Asset Income and Growth Fund (NYSE:JRI) traded up 0% during trading on Wednesday . The stock traded as high as $11.27 and last traded at $11.23. 61,528 shares traded hands during trading, a decline of 16% from the average session volume of 73,575 shares. The stock had previously closed at $11.23.

Nuveen Real Asset Income and Growth Fund Price Performance

The business has a 50-day simple moving average of $11.44 and a 200-day simple moving average of $11.25.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.20 annualized dividend and a yield of 10.59%.

Institutional Investors Weigh In On Nuveen Real Asset Income and Growth Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Saba Capital Management L.P. grew its position in shares of Nuveen Real Asset Income and Growth Fund by 97.2% in the third quarter. Saba Capital Management L.P. now owns 1,920,599 shares of the company’s stock valued at $20,397,000 after purchasing an additional 946,773 shares during the last quarter. Cornerstone Advisors LLC grew its stake in Nuveen Real Asset Income and Growth Fund by 4.6% in the 4th quarter. Cornerstone Advisors LLC now owns 552,958 shares of the company’s stock worth $6,481,000 after acquiring an additional 24,104 shares during the period. Relative Value Partners Group LLC grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 1.0% during the 4th quarter. Relative Value Partners Group LLC now owns 494,762 shares of the company’s stock valued at $5,799,000 after buying an additional 4,691 shares during the period. AQR Arbitrage LLC grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 78.1% during the 3rd quarter. AQR Arbitrage LLC now owns 185,704 shares of the company’s stock valued at $1,972,000 after buying an additional 81,457 shares during the period. Finally, Camelot Portfolios LLC grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 29.8% during the 4th quarter. Camelot Portfolios LLC now owns 136,892 shares of the company’s stock valued at $1,604,000 after buying an additional 31,436 shares during the period.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.