Castle Rock Wealth Management LLC Takes Position in Nuveen Preferred & Income Securities Fnd (JPS)

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Castle Rock Wealth Management LLC purchased a new stake in shares of Nuveen Preferred & Income Securities Fnd (NYSE:JPS) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 16,248 shares of the real estate investment trust’s stock, valued at approximately $143,000.

Several other institutional investors and hedge funds have also modified their holdings of JPS. City of London Investment Management Co. Ltd. purchased a new stake in shares of Nuveen Preferred & Income Securities Fnd during the first quarter valued at approximately $8,397,000. Oxbow Advisors LLC purchased a new stake in Nuveen Preferred & Income Securities Fnd in the second quarter worth $3,510,000. NINE MASTS CAPITAL Ltd purchased a new stake in Nuveen Preferred & Income Securities Fnd in the second quarter worth $1,673,000. OTA Financial Group L.P. purchased a new stake in Nuveen Preferred & Income Securities Fnd in the second quarter worth $1,193,000. Finally, LPL Financial LLC increased its position in Nuveen Preferred & Income Securities Fnd by 15.0% in the first quarter. LPL Financial LLC now owns 1,009,496 shares of the real estate investment trust’s stock worth $9,873,000 after buying an additional 131,891 shares during the last quarter.

NYSE:JPS opened at $8.82 on Thursday. Nuveen Preferred & Income Securities Fnd has a 1 year low of $8.75 and a 1 year high of $10.47.

The company also recently announced a monthly dividend, which will be paid on Monday, October 1st. Shareholders of record on Friday, September 14th will be given a $0.056 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date of this dividend is Thursday, September 13th.

Nuveen Preferred & Income Securities Fnd Profile

Nuveen Preferred & Income Securities Fund, formerly Nuveen Preferred Securities Income Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income consistent with capital preservation. The Fund’s secondary objective is to enhance portfolio value.

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

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