The Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Rating) was the target of significant short-term interest growth in March. As of March 31, there were short interests totaling 15,500 shares, an 80.2% growth from the total of 8,600 shares as of March 15. Based on an average trading volume of 85,200 shares, the short-term interest rate ratio is currently 0.2 days.
A number of hedge funds and other institutional investors have recently changed their stock holdings. First Trust Advisors LP increased its stake in shares of the Nuveen Real Asset Income and Growth Fund by 4.3% in Q1. First Trust Advisors LP now owns 128,026 shares of the company valued at $2,054,000 after acquiring an additional 5,255 shares in the last quarter. Kestra Advisory Services LLC increased its stake in the shares of Nuveen Real Asset Income and Growth Fund by 41.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 20,678 shares of the company worth $315,000 after purchasing an additional 6,030 shares during the period. Ahrens Investment Partners LLC increased its stake in Nuveen Real Asset Income and Growth Fund by 9.6% in Q3. Ahrens Investment Partners LLC now owns 55,350 shares of the company valued at $844,000 after acquiring an additional 4,850 shares during the period. Commonwealth Equity Services LLC increased its stake in Nuveen Real Asset Income and Growth Fund by 4.8% in Q3. Commonwealth Equity Services LLC now owns 14,340 shares of the company valued at $218,000 after acquiring an additional 657 shares during the period. Finally, AE Wealth Management LLC increased its stake in Nuveen Real Asset Income and Growth Fund by 42.9% in the third quarter. AE Wealth Management LLC now owns 34,887 shares of the company valued at $532,000 after acquiring an additional 10,471 shares during the period.
Shares of JRI traded down $0.05 on Friday, hitting $14.98. The company’s shares had a trading volume of 50,686 shares, compared to an average trading volume of 85,700. Nuveen Real Asset Income and Growth Fund has a fifty-two-week low of $13.76 and a fifty-two-week high. two weeks $16.50. The stock’s 50-day moving average is $14.83 and its 200-day moving average is $15.28.
The company also recently declared a monthly dividend, which will be paid on Monday, May 2. Shareholders of record on Thursday, April 14 will receive a dividend of $0.097. The ex-dividend date is Wednesday, April 13. This represents a dividend of $1.16 on an annualized basis and a dividend yield of 7.77%.
Nuveen Real Asset Income and Growth Fund Company Profile (Get a rating)
Nuveen Real Asset Income and Growth Fund is a closed-end balanced mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in stock markets around the world. The fund also invests in certificates of deposit.
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