Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.97 and traded as low as $7.09. Nuveen Preferred & Income Opportunities Fund shares last traded at $7.12, with a volume of 1,789,715 shares trading hands.

Nuveen Preferred & Income Opportunities Fund Trading Up 0.2 %

The firm’s 50 day moving average price is $7.86 and its two-hundred day moving average price is $7.96.

Nuveen Preferred & Income Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a $0.0665 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.15%. The ex-dividend date of this dividend is Tuesday, April 15th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Bramshill Investments LLC boosted its holdings in Nuveen Preferred & Income Opportunities Fund by 1.7% in the 4th quarter. Bramshill Investments LLC now owns 82,441 shares of the financial services provider’s stock valued at $648,000 after purchasing an additional 1,350 shares in the last quarter. Triumph Capital Management grew its holdings in Nuveen Preferred & Income Opportunities Fund by 1.7% during the fourth quarter. Triumph Capital Management now owns 81,578 shares of the financial services provider’s stock worth $641,000 after acquiring an additional 1,367 shares during the period. US Bancorp DE lifted its holdings in Nuveen Preferred & Income Opportunities Fund by 13.9% in the fourth quarter. US Bancorp DE now owns 13,330 shares of the financial services provider’s stock valued at $105,000 after acquiring an additional 1,631 shares during the period. Corient Private Wealth LLC lifted its holdings in Nuveen Preferred & Income Opportunities Fund by 12.0% in the fourth quarter. Corient Private Wealth LLC now owns 17,587 shares of the financial services provider’s stock valued at $138,000 after acquiring an additional 1,883 shares during the period. Finally, Spire Wealth Management grew its stake in shares of Nuveen Preferred & Income Opportunities Fund by 3.0% during the 4th quarter. Spire Wealth Management now owns 66,903 shares of the financial services provider’s stock worth $526,000 after purchasing an additional 1,956 shares during the period.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.