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) was down 0.2% on Tuesday . The stock traded as low as $12.75 and last traded at $12.78. Approximately 131,632 shares were traded during 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 Trading Down 0.2 %

The company has a 50-day moving average price of $12.46 and a two-hundred day moving average price of $12.92.

Nuveen Real Asset Income and Growth Fund Announces Dividend

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

Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund

Several hedge funds have recently bought and sold shares of JRI. International Assets Investment Management LLC grew its position in Nuveen Real Asset Income and Growth Fund by 1,267.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,734 shares of the company’s stock valued at $37,000 after acquiring an additional 2,534 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in Nuveen Real Asset Income and Growth Fund by 12.2% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 24,174 shares of the company’s stock valued at $330,000 after acquiring an additional 2,620 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in Nuveen Real Asset Income and Growth Fund by 3.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 35,908 shares of the company’s stock valued at $469,000 after acquiring an additional 1,321 shares during the last quarter. Shaker Financial Services LLC bought a new position in Nuveen Real Asset Income and Growth Fund in the 3rd quarter valued at $665,000. Finally, Nations Financial Group Inc. IA ADV grew its position in Nuveen Real Asset Income and Growth Fund by 7.5% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 43,450 shares of the company’s stock valued at $594,000 after acquiring an additional 3,019 shares during 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.