Nuveen Real Estate Income Fund (NYSE:JRS) Plans $0.19 Quarterly Dividend

Nuveen Real Estate Income Fund (NYSE:JRS) declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.19 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date is Tuesday, September 15th.

Nuveen Real Estate Income Fund Trading Up 1.1%

Shares of JRS stock opened at $8.28 on Wednesday. The stock has a fifty day simple moving average of $8.53 and a two-hundred day simple moving average of $8.20. Nuveen Real Estate Income Fund has a 52-week low of $7.12 and a 52-week high of $8.90.

Institutional Trading of Nuveen Real Estate Income Fund

Several institutional investors have recently made changes to their positions in JRS. Jane Street Group LLC bought a new position in Nuveen Real Estate Income Fund during the 4th quarter worth about $104,000. Kanen Wealth Management LLC purchased a new position in shares of Nuveen Real Estate Income Fund during the 3rd quarter worth about $97,000. Geneos Wealth Management Inc. increased its holdings in shares of Nuveen Real Estate Income Fund by 41.3% in the first quarter. Geneos Wealth Management Inc. now owns 8,552 shares of the company’s stock valued at $70,000 after purchasing an additional 2,500 shares during the period. Bank of America Corp DE purchased a new position in shares of Nuveen Real Estate Income Fund in the second quarter worth about $395,000. Finally, NWF Advisory Services Inc. boosted its position in Nuveen Real Estate Income Fund by 3.8% in the 2nd quarter. NWF Advisory Services Inc. now owns 59,700 shares of the company’s stock valued at $503,000 after buying an additional 2,200 shares during the period.

Nuveen Real Estate Income Fund Company Profile

Nuveen Real Estate Income Fund (NYSE: JRS) is a diversified closed-end management investment company that seeks to provide shareholders with attractive levels of current income. The fund pursues its objective through investments primarily in equity and debt securities of real estate companies, including publicly traded REITs, real estate operating companies and mortgage-backed securities. By holding a mixture of equity and fixed-income positions, it aims to achieve a balance of income generation and potential for capital appreciation.

The fund’s portfolio construction emphasizes diversification across geographic regions and real estate sectors.