Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Shares Up 0.2%

Nuveen Real Asset Income and Growth Fund (NYSE:JRI)’s share price shot up 0.2% during trading on Friday . The company traded as high as $11.45 and last traded at $11.40. 48,650 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 73,304 shares. The stock had previously closed at $11.37.

Nuveen Real Asset Income and Growth Fund Stock Up 0.2 %

The stock has a fifty day moving average price of $11.47 and a 200 day moving average price of $11.44.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.53%. The ex-dividend date is Tuesday, May 14th.

Institutional Investors Weigh In On Nuveen Real Asset Income and Growth Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Saba Capital Management L.P. lifted its stake in shares of Nuveen Real Asset Income and Growth Fund by 97.2% during the 3rd quarter. Saba Capital Management L.P. now owns 1,920,599 shares of the company’s stock worth $20,397,000 after acquiring an additional 946,773 shares during the last quarter. Cornerstone Advisors LLC lifted its stake in shares of Nuveen Real Asset Income and Growth Fund by 4.6% during the 4th quarter. Cornerstone Advisors LLC now owns 552,958 shares of the company’s stock worth $6,481,000 after acquiring an additional 24,104 shares during the last quarter. Relative Value Partners Group LLC raised its position in Nuveen Real Asset Income and Growth Fund by 1.0% during the 4th quarter. Relative Value Partners Group LLC now owns 494,762 shares of the company’s stock valued at $5,799,000 after purchasing an additional 4,691 shares in the last quarter. AQR Arbitrage LLC raised its position in Nuveen Real Asset Income and Growth Fund by 78.1% during the 3rd quarter. AQR Arbitrage LLC now owns 185,704 shares of the company’s stock valued at $1,972,000 after purchasing an additional 81,457 shares in the last quarter. Finally, Camelot Portfolios LLC raised its position in Nuveen Real Asset Income and Growth Fund by 29.8% during the 4th quarter. Camelot Portfolios LLC now owns 136,892 shares of the company’s stock valued at $1,604,000 after purchasing an additional 31,436 shares in the last quarter.

About Nuveen Real Asset Income and Growth Fund

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.