Wells Fargo & Company/mn now controls 176,042 shares worth $1,993,000. The Fund may also invest in other debt instruments and common stocks acquired upon conversion of a convertible security. National Planning Corp raised its position in shares of Nuveen Preferred Income Opportunities Fd by 11.4% in the second quarter.
Nuveen Preferred Securities Inc shares had a trading volume of 885K in the last trading session. 576,612 shares of the stock were exchanged. Nwam LLC now owns 14,611 shares of the financial services provider's stock valued at $152,000 after buying an additional 2,661 shares during the last quarter.
Nuveen Preferred Income Opportunities Fd (JPC) opened at 10.32 on Friday. Nuveen Preferred Securities Income Fund was formed on June 24, 2002 and is domiciled in the United States. Shares saw a steep increase in trading volume of 257.31% over the normal average daily volume.
Here are a few other firms who have also updated their positions. Investors of record on Tuesday, August 15th will be given a dividend of 0.062 per share by the real estate investment trust on Friday, September 1st. The ex-dividend date of this dividend is Friday, August 11th.
COPYRIGHT VIOLATION WARNING: "Nuveen Preferred Income Opportunities Fd (NYSE:JPC) to Issue Monthly Dividend of $0.07" was reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws. The legal version of this story can be viewed at https://www.thestockobserver.com/2017/08/12/ifc-holdings-incorporated-fl-has-1-26-million-stake-in-nuveen-preferred-income-opportunities-fd-jpc.html. The value of the company's investment in Nuveen Preferred Securities Inc went from $1,158,000 to $1,241,000 increasing 7.2% quarter to quarter. The Fund intends to invest in a portfolio of preferred securities, convertible securities and, to a lesser degree, high yield securities. The Fund's primary investment objective is high current income consistent with capital preservation.