47,588 Shares in Nuveen Preferred & Income Securities Fnd (NYSE:JPS) Bought by Alpine Group USVI LLC

Alpine Group USVI LLC acquired a new position in shares of Nuveen Preferred & Income Securities Fnd (NYSE:JPS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 47,588 shares of the real estate investment trust’s stock, valued at approximately $469,000.

Several other large investors also recently modified their holdings of the stock. Invesco Ltd. raised its holdings in shares of Nuveen Preferred & Income Securities Fnd by 0.7% during the second quarter. Invesco Ltd. now owns 1,967,549 shares of the real estate investment trust’s stock worth $18,691,000 after acquiring an additional 13,256 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Nuveen Preferred & Income Securities Fnd by 0.9% during the second quarter. Wells Fargo & Company MN now owns 1,937,159 shares of the real estate investment trust’s stock worth $18,403,000 after acquiring an additional 16,852 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of Nuveen Preferred & Income Securities Fnd by 1.9% during the second quarter. Commonwealth Equity Services LLC now owns 1,018,747 shares of the real estate investment trust’s stock worth $9,678,000 after acquiring an additional 18,606 shares during the period. LPL Financial LLC raised its holdings in shares of Nuveen Preferred & Income Securities Fnd by 2.2% during the second quarter. LPL Financial LLC now owns 545,605 shares of the real estate investment trust’s stock worth $5,183,000 after acquiring an additional 11,977 shares during the period. Finally, Bank of Montreal Can raised its holdings in shares of Nuveen Preferred & Income Securities Fnd by 1.0% during the second quarter. Bank of Montreal Can now owns 500,158 shares of the real estate investment trust’s stock worth $4,752,000 after acquiring an additional 4,977 shares during the period.

Shares of NYSE:JPS traded down $0.10 during midday trading on Friday, reaching $9.88. 13,012 shares of the company were exchanged, compared to its average volume of 545,747. Nuveen Preferred & Income Securities Fnd has a fifty-two week low of $7.32 and a fifty-two week high of $9.99. The stock has a fifty day simple moving average of $9.81 and a two-hundred day simple moving average of $9.50.

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.056 per share. The ex-dividend date is Friday, October 11th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.80%.

Nuveen Preferred & Income Securities Fnd Company Profile

Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Spectrum Asset Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch.

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Institutional Ownership by Quarter for Nuveen Preferred & Income Securities Fnd (NYSE:JPS)

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