Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Update

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 72,902 shares, a growth of 82.8% from the June 30th total of 39,887 shares. Based on an average trading volume of 110,107 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. DAVENPORT & Co LLC raised its position in shares of Nuveen Real Asset Income and Growth Fund by 2.2% during the 4th quarter. DAVENPORT & Co LLC now owns 35,099 shares of the company’s stock worth $478,000 after acquiring an additional 757 shares in the last quarter. First Trust Advisors LP boosted its holdings in Nuveen Real Asset Income and Growth Fund by 0.8% in the second quarter. First Trust Advisors LP now owns 118,098 shares of the company’s stock valued at $1,594,000 after purchasing an additional 923 shares in the last quarter. SeaCrest Wealth Management LLC increased its stake in Nuveen Real Asset Income and Growth Fund by 4.6% in the third quarter. SeaCrest Wealth Management LLC now owns 26,149 shares of the company’s stock valued at $369,000 after purchasing an additional 1,141 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Nuveen Real Asset Income and Growth Fund by 4.9% during the third quarter. NewEdge Advisors LLC now owns 28,219 shares of the company’s stock worth $402,000 after purchasing an additional 1,311 shares in the last quarter. Finally, Harbour Investments Inc. lifted its position in shares of Nuveen Real Asset Income and Growth Fund by 1.9% during the 4th quarter. Harbour Investments Inc. now owns 72,680 shares of the company’s stock worth $989,000 after buying an additional 1,327 shares during the last quarter.

Nuveen Real Asset Income and Growth Fund Trading Up 0.9%

Shares of NYSE:JRI traded up $0.12 during trading hours on Thursday, reaching $12.88. The stock had a trading volume of 60,272 shares, compared to its average volume of 188,573. The firm’s 50 day moving average is $12.86 and its 200-day moving average is $12.91. Nuveen Real Asset Income and Growth Fund has a 1 year low of $11.67 and a 1 year high of $14.37.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th will be paid a $0.1335 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 12.4%.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.

The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.