Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Update

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 162,600 shares, an increase of 73.5% from the February 28th total of 93,700 shares. Based on an average daily trading volume, of 134,600 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several large investors have recently modified their holdings of JRI. Larson Financial Group LLC lifted its position in shares of Nuveen Real Asset Income and Growth Fund by 151.4% in the fourth quarter. Larson Financial Group LLC now owns 2,675 shares of the company’s stock valued at $32,000 after acquiring an additional 1,611 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Nuveen Real Asset Income and Growth Fund by 8.1% in the 4th quarter. Cetera Investment Advisers now owns 42,880 shares of the company’s stock valued at $520,000 after purchasing an additional 3,208 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Nuveen Real Asset Income and Growth Fund by 3.1% during the fourth quarter. First Trust Advisors LP now owns 118,943 shares of the company’s stock worth $1,443,000 after buying an additional 3,535 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Nuveen Real Asset Income and Growth Fund by 10.7% in the fourth quarter. Chicago Partners Investment Group LLC now owns 39,740 shares of the company’s stock valued at $486,000 after buying an additional 3,832 shares during the last quarter. Finally, World Investment Advisors lifted its stake in shares of Nuveen Real Asset Income and Growth Fund by 37.3% during the fourth quarter. World Investment Advisors now owns 18,398 shares of the company’s stock valued at $223,000 after buying an additional 5,000 shares during the period.

Nuveen Real Asset Income and Growth Fund Trading Down 1.2 %

JRI stock opened at $12.85 on Monday. The firm has a 50 day moving average of $12.80 and a 200-day moving average of $12.92. Nuveen Real Asset Income and Growth Fund has a 12-month low of $10.84 and a 12-month high of $13.72.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.1335 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 12.47%.

About Nuveen Real Asset Income and Growth Fund

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.