Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.86 and traded as low as $7.85. Nuveen Preferred & Income Opportunities Fund shares last traded at $7.86, with a volume of 1,603,411 shares.

Nuveen Preferred & Income Opportunities Fund Price Performance

The company’s 50-day moving average is $8.03 and its 200-day moving average is $7.86.

Nuveen Preferred & Income Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.0665 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.15%.

Institutional Trading of Nuveen Preferred & Income Opportunities Fund

Several institutional investors have recently made changes to their positions in JPC. Ashton Thomas Securities LLC acquired a new position in Nuveen Preferred & Income Opportunities Fund in the third quarter valued at $41,000. Certified Advisory Corp acquired a new position in shares of Nuveen Preferred & Income Opportunities Fund in the 2nd quarter valued at about $75,000. Philip James Wealth Mangement LLC purchased a new stake in shares of Nuveen Preferred & Income Opportunities Fund during the 3rd quarter worth about $81,000. GDS Wealth Management acquired a new stake in Nuveen Preferred & Income Opportunities Fund during the 2nd quarter worth approximately $87,000. Finally, CWM LLC raised its holdings in Nuveen Preferred & Income Opportunities Fund by 17.8% in the third quarter. CWM LLC now owns 10,850 shares of the financial services provider’s stock valued at $88,000 after buying an additional 1,643 shares during the period.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.