Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Stock Price Up 0.4%

Nuveen Real Asset Income and Growth Fund (NYSE:JRI)’s stock price rose 0.4% on Tuesday . The company traded as high as $18.04 and last traded at $18.04, approximately 3,657 shares traded hands during mid-day trading. A decline of 96% from the average daily volume of 83,426 shares. The stock had previously closed at $17.97.

The company’s 50-day moving average is $17.81 and its two-hundred day moving average is $17.07.

The business also recently disclosed a monthly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a dividend of $0.117 per share. This represents a $1.40 dividend on an annualized basis and a yield of 7.76%. The ex-dividend date of this dividend was Thursday, November 14th. This is an increase from Nuveen Real Asset Income and Growth Fund’s previous monthly dividend of $0.11.

A number of hedge funds have recently made changes to their positions in the business. Coastal Investment Advisors Inc. boosted its stake in Nuveen Real Asset Income and Growth Fund by 312.6% in the third quarter. Coastal Investment Advisors Inc. now owns 2,987 shares of the company’s stock valued at $54,000 after acquiring an additional 2,263 shares during the last quarter. AdvisorNet Financial Inc increased its stake in shares of Nuveen Real Asset Income and Growth Fund by 947.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 4,348 shares of the company’s stock worth $76,000 after purchasing an additional 3,933 shares during the last quarter. FNY Investment Advisers LLC increased its stake in shares of Nuveen Real Asset Income and Growth Fund by 1,549.4% during the 3rd quarter. FNY Investment Advisers LLC now owns 5,344 shares of the company’s stock worth $93,000 after purchasing an additional 5,020 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of Nuveen Real Asset Income and Growth Fund in the 2nd quarter worth approximately $126,000. Finally, NEXT Financial Group Inc raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 880.6% in the 2nd quarter. NEXT Financial Group Inc now owns 8,100 shares of the company’s stock worth $138,000 after purchasing an additional 7,274 shares during the period.

Nuveen Real Asset Income and Growth Fund Company Profile (NYSE:JRI)

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.

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