Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Stock Short Interest Falls 91.6%

Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 4,078 shares, a decrease of 91.6% from the September 15th total of 48,785 shares. Based on an average daily volume of 234,299 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Decision Investments Inc. purchased a new stake in Nuveen Real Asset Income and Growth Fund during the third quarter valued at about $115,000. NewEdge Advisors LLC boosted its holdings in shares of Nuveen Real Asset Income and Growth Fund by 108.4% in the 2nd quarter. NewEdge Advisors LLC now owns 56,714 shares of the company’s stock worth $735,000 after purchasing an additional 29,498 shares in the last quarter. IMC Chicago LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund in the 2nd quarter worth about $213,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Nuveen Real Asset Income and Growth Fund by 140.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,203 shares of the company’s stock valued at $54,000 after purchasing an additional 2,454 shares during the last quarter. Finally, CoreCap Advisors LLC increased its position in shares of Nuveen Real Asset Income and Growth Fund by 319.6% during the 2nd quarter. CoreCap Advisors LLC now owns 69,156 shares of the company’s stock valued at $896,000 after purchasing an additional 52,675 shares during the last quarter.

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Nuveen Real Asset Income and Growth Fund Trading Up 1.0%

JRI traded up $0.11 on Friday, reaching $10.62. The company had a trading volume of 232,157 shares, compared to its average volume of 188,203. The business has a 50 day simple moving average of $11.88 and a 200 day simple moving average of $12.48. Nuveen Real Asset Income and Growth Fund has a 52-week low of $10.36 and a 52-week high of $14.21.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be issued a $0.1335 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 15.1%.

About Nuveen Real Asset Income and Growth Fund

(Get Free Report)

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company advised by Nuveen Fund Advisors. The fund seeks to provide a high level of current income and long-term total return by investing primarily in securities associated with real assets.

Its portfolio may include infrastructure companies, real estate investment trusts, utilities, energy-related businesses, and other issuers whose assets or operations are linked to tangible resources.

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