Private Advisor Group LLC trimmed its stake in Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) by 46.4% during the 4th quarter, Holdings Channel reports. The firm owned 324,685 shares of the financial services provider’s stock after selling 280,554 shares during the period. Private Advisor Group LLC’s holdings in Nuveen Preferred & Income Oprtnts Fnd were worth $3,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Stifel Financial Corp grew its position in Nuveen Preferred & Income Oprtnts Fnd by 6.1% in the 2nd quarter. Stifel Financial Corp now owns 109,386 shares of the financial services provider’s stock worth $1,132,000 after purchasing an additional 6,276 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Nuveen Preferred & Income Oprtnts Fnd by 16.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 48,664 shares of the financial services provider’s stock valued at $506,000 after acquiring an additional 6,736 shares in the last quarter. Wedbush Securities Inc. boosted its position in shares of Nuveen Preferred & Income Oprtnts Fnd by 30.1% during the 3rd quarter. Wedbush Securities Inc. now owns 34,175 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 7,900 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Nuveen Preferred & Income Oprtnts Fnd by 5.4% during the 2nd quarter. Royal Bank of Canada now owns 175,140 shares of the financial services provider’s stock valued at $1,821,000 after acquiring an additional 8,993 shares in the last quarter. Finally, First Allied Advisory Services Inc. acquired a new stake in shares of Nuveen Preferred & Income Oprtnts Fnd during the 3rd quarter valued at about $107,000.

Shares of Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) opened at $9.75 on Wednesday. Nuveen Preferred & Income Oprtnts Fnd has a 12-month low of $9.57 and a 12-month high of $10.75.

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.78 annualized dividend and a dividend yield of 8.00%.

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About Nuveen Preferred & Income Oprtnts Fnd

Nuveen Preferred & Income Opportunities Fund, formerly Nuveen Preferred Income Opportunities Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income; and its secondary objective is total return. The Fund invests at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities, primarily income-oriented securities, such as corporate and taxable municipal debt, and common equity.

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Institutional Ownership by Quarter for Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC)

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