Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 39,887 shares, a decrease of 41.0% from the June 15th total of 67,648 shares. Based on an average daily volume of 125,429 shares, the days-to-cover ratio is currently 0.3 days.
Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund
Several large investors have recently made changes to their positions in JRI. Private Advisor Group LLC grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 1.3% in the first quarter. Private Advisor Group LLC now owns 139,914 shares of the company’s stock worth $1,721,000 after acquiring an additional 1,750 shares during the last quarter. Absolute Investment Advisers LLC bought a new stake in Nuveen Real Asset Income and Growth Fund in the 1st quarter valued at $7,205,000. Patriot Financial Group Insurance Agency LLC grew its position in Nuveen Real Asset Income and Growth Fund by 101.9% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 46,256 shares of the company’s stock worth $569,000 after purchasing an additional 23,340 shares during the last quarter. Sterneck Capital Management LLC bought a new position in shares of Nuveen Real Asset Income and Growth Fund during the 1st quarter worth about $1,172,000. Finally, Alteri Wealth LLC raised its position in shares of Nuveen Real Asset Income and Growth Fund by 42.2% during the fourth quarter. Alteri Wealth LLC now owns 19,003 shares of the company’s stock valued at $259,000 after buying an additional 5,641 shares during the last quarter.
Nuveen Real Asset Income and Growth Fund Trading Down 0.2%
Shares of NYSE:JRI traded down $0.03 during trading on Thursday, reaching $12.97. The stock had a trading volume of 99,412 shares, compared to its average volume of 193,779. The stock has a fifty day simple moving average of $12.86 and a two-hundred day simple moving average of $12.96. Nuveen Real Asset Income and Growth Fund has a 52 week low of $11.67 and a 52 week high of $14.37.
Nuveen Real Asset Income and Growth Fund Announces Dividend
Nuveen Real Asset Income and Growth Fund Company Profile
Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.
The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.
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