Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Trading Down 0.2% – Here’s Why

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) dropped 0.2% during trading on Tuesday . The company traded as low as $12.75 and last traded at $12.78. Approximately 131,632 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 127,445 shares. The stock had previously closed at $12.81.

Nuveen Real Asset Income and Growth Fund Stock Down 0.2 %

The stock has a fifty day moving average of $12.46 and a 200 day moving average of $12.92.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.1335 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 12.53%.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several hedge funds have recently modified their holdings of the company. Chicago Partners Investment Group LLC raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 3.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 35,908 shares of the company’s stock worth $469,000 after acquiring an additional 1,321 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 151.4% during the 4th quarter. Larson Financial Group LLC now owns 2,675 shares of the company’s stock worth $32,000 after acquiring an additional 1,611 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 1,267.0% during the 3rd quarter. International Assets Investment Management LLC now owns 2,734 shares of the company’s stock worth $37,000 after acquiring an additional 2,534 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 12.2% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 24,174 shares of the company’s stock worth $330,000 after acquiring an additional 2,620 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 7.5% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 43,450 shares of the company’s stock worth $594,000 after acquiring an additional 3,019 shares in the last quarter.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund is an closed ended 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 the public equity markets across the globe. The fund also makes its investments in depository receipts.