Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Plans Monthly Dividend of $0.06

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) declared a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be paid a dividend of 0.0625 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Preferred & Income Opportunities Fund Stock Up 0.1%

Shares of NYSE JPC traded up $0.01 during midday trading on Tuesday, hitting $8.20. The company had a trading volume of 346,015 shares, compared to its average volume of 1,027,861. Nuveen Preferred & Income Opportunities Fund has a twelve month low of $6.79 and a twelve month high of $8.29. The business has a 50-day simple moving average of $8.13 and a two-hundred day simple moving average of $8.12.

Institutional Investors Weigh In On Nuveen Preferred & Income Opportunities Fund

Several hedge funds have recently made changes to their positions in the business. Chicago Partners Investment Group LLC grew its stake in shares of Nuveen Preferred & Income Opportunities Fund by 6.5% in the second quarter. Chicago Partners Investment Group LLC now owns 347,690 shares of the financial services provider’s stock valued at $2,792,000 after buying an additional 21,189 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Nuveen Preferred & Income Opportunities Fund by 20.9% during the second quarter. International Assets Investment Management LLC now owns 61,919 shares of the financial services provider’s stock worth $497,000 after purchasing an additional 10,694 shares during the last quarter. Private Trust Co. NA boosted its holdings in Nuveen Preferred & Income Opportunities Fund by 6.4% in the second quarter. Private Trust Co. NA now owns 31,148 shares of the financial services provider’s stock worth $250,000 after purchasing an additional 1,861 shares during the period. Concurrent Investment Advisors LLC increased its stake in Nuveen Preferred & Income Opportunities Fund by 6.0% during the second quarter. Concurrent Investment Advisors LLC now owns 34,531 shares of the financial services provider’s stock valued at $277,000 after purchasing an additional 1,941 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its holdings in shares of Nuveen Preferred & Income Opportunities Fund by 1.7% during the second quarter. Stratos Wealth Partners LTD. now owns 511,842 shares of the financial services provider’s stock worth $4,105,000 after purchasing an additional 8,364 shares during the period.

About Nuveen Preferred & Income Opportunities Fund

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.