LPL Financial LLC Acquires 3,494 Shares of Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)

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LPL Financial LLC raised its holdings in Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) by 2.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 132,349 shares of the financial services provider’s stock after buying an additional 3,494 shares during the quarter. LPL Financial LLC’s holdings in Nuveen Floating Rate Income Opportnty Fd were worth $1,289,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JRO. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Nuveen Floating Rate Income Opportnty Fd in the 1st quarter worth approximately $699,000. Arlington Capital Management Inc. purchased a new position in shares of Nuveen Floating Rate Income Opportnty Fd in the 1st quarter valued at approximately $273,000. Mariner Investment Group LLC raised its stake in Nuveen Floating Rate Income Opportnty Fd by 93.6% during the first quarter. Mariner Investment Group LLC now owns 203,683 shares of the financial services provider’s stock valued at $1,953,000 after buying an additional 98,467 shares during the last quarter. Koshinski Asset Management Inc. purchased a new position in Nuveen Floating Rate Income Opportnty Fd during the first quarter valued at $15,585,000. Finally, Thomas J. Herzfeld Advisors Inc. raised its stake in shares of Nuveen Floating Rate Income Opportnty Fd by 0.7% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 281,406 shares of the financial services provider’s stock worth $2,699,000 after purchasing an additional 1,941 shares during the last quarter.

Shares of JRO traded down $0.03 during trading hours on Thursday, hitting $9.56. The stock had a trading volume of 500 shares, compared to its average volume of 137,639. Nuveen Floating Rate Income Opportnty Fd has a 12 month low of $8.69 and a 12 month high of $10.40. The stock has a fifty day moving average price of $9.57 and a 200 day moving average price of $9.74.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be given a $0.06 dividend. The ex-dividend date is Thursday, September 12th. This represents a $0.72 annualized dividend and a dividend yield of 7.53%.

Nuveen Floating Rate Income Opportnty Fd Company Profile

Nuveen Floating Rate Income Opportunity 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 Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans.

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Institutional Ownership by Quarter for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)

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