Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) to Issue $0.06 Monthly Dividend

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0625 per share by the financial services provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Preferred & Income Opportunities Fund Price Performance

NYSE JPC opened at $7.39 on Wednesday. The stock has a fifty day moving average of $7.71 and a 200-day moving average of $7.85. Nuveen Preferred & Income Opportunities Fund has a 52 week low of $7.22 and a 52 week high of $8.30.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Corient Private Wealth LP acquired a new stake in shares of Nuveen Preferred & Income Opportunities Fund during the 2nd quarter worth about $119,000. Ameritas Advisory Services LLC grew its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 35.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 57,103 shares of the financial services provider’s stock worth $450,000 after purchasing an additional 14,892 shares in the last quarter. Compass Financial Management LLC acquired a new position in Nuveen Preferred & Income Opportunities Fund during the second quarter worth $129,000. Concurrent Investment Advisors LLC grew its holdings in Nuveen Preferred & Income Opportunities Fund by 3.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 51,605 shares of the financial services provider’s stock valued at $407,000 after buying an additional 1,925 shares in the last quarter. Finally, Triumph Capital Management lifted its stake in Nuveen Preferred & Income Opportunities Fund by 10.2% during the second quarter. Triumph Capital Management now owns 103,070 shares of the financial services provider’s stock worth $812,000 after purchasing an additional 9,517 shares during the last quarter.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) is a closed-end management investment company managed by Nuveen Asset Management, an affiliate of Teachers Insurance and Annuity Association of America (TIAA). The fund’s primary objective is to provide high current income and the potential for capital appreciation by investing in a diversified portfolio of preferred and other income-producing securities.

The fund focuses on preferred and convertible securities issued by U.S. and global corporations, with flexibility to invest in common stocks, corporate debt, exchange-traded debt obligations and other fixed-income instruments.