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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 39,887 shares, a decrease of 41.0% from the June 15th total of 67,648 shares. Based on an average daily trading volume, of 125,429 shares, the short-interest ratio is currently 0.3 days.

Nuveen Real Asset Income and Growth Fund Trading Down 0.3%

Shares of NYSE JRI traded down $0.04 during mid-day trading on Friday, reaching $12.96. The company had a trading volume of 284,704 shares, compared to its average volume of 194,662. The firm has a 50 day simple moving average of $12.85 and a two-hundred day simple moving average of $12.96. Nuveen Real Asset Income and Growth Fund has a 52-week low of $11.67 and a 52-week high of $14.37.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.1335 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 12.4%.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. DAVENPORT & Co LLC grew its stake in 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 buying an additional 757 shares during the last quarter. First Trust Advisors LP lifted its stake 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 buying an additional 923 shares during the last quarter. SeaCrest Wealth Management LLC lifted 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 buying an additional 1,141 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Nuveen Real Asset Income and Growth Fund by 4.9% in the third quarter. NewEdge Advisors LLC now owns 28,219 shares of the company’s stock valued at $402,000 after acquiring an additional 1,311 shares during the period. Finally, Harbour Investments Inc. boosted its holdings in shares of Nuveen Real Asset Income and Growth Fund by 1.9% in the fourth quarter. Harbour Investments Inc. now owns 72,680 shares of the company’s stock valued at $989,000 after acquiring an additional 1,327 shares during the period.

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.