Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Stock Price Up 1.1% – What’s Next?

Nuveen Real Asset Income and Growth Fund (NYSE:JRI)’s share price rose 1.1% during trading on Tuesday . The stock traded as high as $13.56 and last traded at $13.5350. Approximately 38,182 shares were traded during trading, a decline of 69% from the average daily volume of 124,570 shares. The stock had previously closed at $13.39.

Nuveen Real Asset Income and Growth Fund Stock Performance

The business’s 50-day moving average price is $13.85 and its two-hundred day moving average price is $13.47.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be issued a dividend of $0.1335 per share. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date of this dividend is Friday, November 14th.

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

A number of institutional investors have recently modified their holdings of the stock. WPG Advisers LLC acquired a new position in Nuveen Real Asset Income and Growth Fund in the first quarter worth about $25,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Nuveen Real Asset Income and Growth Fund in the 2nd quarter worth approximately $40,000. US Bancorp DE bought a new stake in shares of Nuveen Real Asset Income and Growth Fund in the 3rd quarter valued at approximately $109,000. Geneos Wealth Management Inc. raised its position in shares of Nuveen Real Asset Income and Growth Fund by 506.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,698 shares of the company’s stock valued at $113,000 after acquiring an additional 7,264 shares in the last quarter. Finally, Alteri Wealth LLC bought a new position in Nuveen Real Asset Income and Growth Fund during the second quarter worth $139,000.

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.