Wolverine Asset Management LLC purchased a new stake in Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 39,477 shares of the financial services provider’s stock, valued at approximately $368,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. lifted its position in shares of 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 in the last quarter. Wedbush Securities Inc. lifted its position in shares of Nuveen Preferred & Income Oprtnts Fnd by 9.6% in the second quarter. Wedbush Securities Inc. now owns 65,514 shares of the financial services provider’s stock worth $611,000 after purchasing an additional 5,729 shares in the last quarter. Cornerstone Wealth Management LLC bought a new stake in shares of Nuveen Preferred & Income Oprtnts Fnd in the second quarter worth $900,000. Ladenburg Thalmann Financial Services Inc. lifted its position in shares of Nuveen Preferred & Income Oprtnts Fnd by 8.3% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 155,641 shares of the financial services provider’s stock worth $1,557,000 after purchasing an additional 11,951 shares in the last quarter. Finally, First Allied Advisory Services Inc. bought a new stake in shares of Nuveen Preferred & Income Oprtnts Fnd in the second quarter worth $119,000.

Shares of JPC stock opened at $9.28 on Friday. Nuveen Preferred & Income Oprtnts Fnd has a 12 month low of $9.25 and a 12 month high of $10.69.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 1st. Stockholders of record on Friday, September 14th will be given a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 7.89%. The ex-dividend date is Thursday, September 13th.

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

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