Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Stock Price Down 0.8%

Nuveen Real Asset Income and Growth Fund (NYSE:JRIGet Free Report)’s share price was down 0.8% on Monday . The company traded as low as $11.43 and last traded at $11.44. Approximately 63,649 shares traded hands during trading, a decline of 6% from the average daily volume of 67,372 shares. The stock had previously closed at $11.53.

Nuveen Real Asset Income and Growth Fund Stock Performance

The firm has a 50 day moving average price of $11.66 and a two-hundred day moving average price of $11.09.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 15th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.20 dividend on an annualized basis and a yield of 10.50%.

Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James & Associates boosted its stake in Nuveen Real Asset Income and Growth Fund by 9.1% in the third quarter. Raymond James & Associates now owns 125,800 shares of the company’s stock valued at $1,336,000 after acquiring an additional 10,541 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Nuveen Real Asset Income and Growth Fund by 1.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 112,802 shares of the company’s stock valued at $1,198,000 after acquiring an additional 1,490 shares during the period. Park Avenue Securities LLC acquired a new position in Nuveen Real Asset Income and Growth Fund in the third quarter valued at approximately $156,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Nuveen Real Asset Income and Growth Fund by 61.6% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 54,693 shares of the company’s stock valued at $581,000 after buying an additional 20,851 shares during the last quarter. Finally, Advisor Partners II LLC bought a new stake in shares of Nuveen Real Asset Income and Growth Fund during the third quarter valued at approximately $447,000.

Nuveen Real Asset Income and Growth Fund Company Profile

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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.

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