Jacobus Wealth Management buys $3.7 Million stake in Nuveen Preferred Income Opportunities Fd (JPC)

Nuveen Preferred Income Opportunities Fd (JPC) : Jacobus Wealth Management scooped up 144,705 additional shares in Nuveen Preferred Income Opportunities Fd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 23, 2016. The investment management firm now holds a total of 371,715 shares of Nuveen Preferred Income Opportunities Fd which is valued at $3.7 Million.Nuveen Preferred Income Opportunities Fd makes up approximately 1.04% of Jacobus Wealth Management’s portfolio.

Other Hedge Funds, Including , Vident Investment Advisory boosted its stake in JPC in the latest quarter, The investment management firm added 78,264 additional shares and now holds a total of 153,060 shares of Nuveen Preferred Income Opportunities Fd which is valued at $1.5 Million. Nuveen Preferred Income Opportunities Fd makes up approx 0.11% of Vident Investment Advisory’s portfolio. Squarepoint Ops sold out all of its stake in JPC during the most recent quarter. The investment firm sold 33,945 shares of JPC which is valued $328,927.Tower Research Capital (trc) boosted its stake in JPC in the latest quarter, The investment management firm added 823 additional shares and now holds a total of 943 shares of Nuveen Preferred Income Opportunities Fd which is valued at $9,138.Advisors Asset Management boosted its stake in JPC in the latest quarter, The investment management firm added 663 additional shares and now holds a total of 1,058 shares of Nuveen Preferred Income Opportunities Fd which is valued at $10,252. Landscape Capital Management L.l.c. sold out all of its stake in JPC during the most recent quarter. The investment firm sold 33,078 shares of JPC which is valued $333,095.

Nuveen Preferred Income Opportunities Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide high current income and total return by investing at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities primarily income-oriented securities such as corporate and taxable municipal debt and common equity. The Fund invests in sectors such as banks insurance real estate investment trust capital markets the United States agency diversified financial services and others. The Fund invests in countries such as the United States the United Kingdom Switzerland France the Netherlands and others. The Fund’s investment advisor and fund manager is Nuveen Fund Advisors LLC.

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