Whittier Trust Co. Buys 6,643 Shares of Nuveen Preferred & Income Securities Fnd (JPS)

Whittier Trust Co. increased its stake in Nuveen Preferred & Income Securities Fnd (NYSE:JPS) by 22.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 35,789 shares of the real estate investment trust’s stock after buying an additional 6,643 shares during the quarter. Whittier Trust Co.’s holdings in Nuveen Preferred & Income Securities Fnd were worth $322,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc grew its stake in shares of Nuveen Preferred & Income Securities Fnd by 16.3% in the fourth quarter. IFP Advisors Inc now owns 12,049 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 1,688 shares in the last quarter. Titus Wealth Management grew its stake in Nuveen Preferred & Income Securities Fnd by 18.7% during the 4th quarter. Titus Wealth Management now owns 11,866 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 1,866 shares in the last quarter. Clifford Swan Investment Counsel LLC grew its stake in Nuveen Preferred & Income Securities Fnd by 11.6% during the 4th quarter. Clifford Swan Investment Counsel LLC now owns 21,381 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 2,215 shares in the last quarter. Stifel Financial Corp grew its stake in Nuveen Preferred & Income Securities Fnd by 8.7% during the 4th quarter. Stifel Financial Corp now owns 43,712 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 3,499 shares in the last quarter. Finally, Bank of Montreal Can grew its stake in Nuveen Preferred & Income Securities Fnd by 198.6% during the 4th quarter. Bank of Montreal Can now owns 5,280 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 3,512 shares in the last quarter.

Shares of NYSE JPS opened at $9.39 on Friday. Nuveen Preferred & Income Securities Fnd has a fifty-two week low of $7.32 and a fifty-two week high of $9.50.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.056 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.67 dividend on an annualized basis and a yield of 7.16%.

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About Nuveen Preferred & Income Securities Fnd

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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