Nuveen Preferred And Income ETF Price & Performance (NPFI)

Nuveen Preferred & Income Opportunities Fund saw its stock price fall below the 200-day moving average of $8.01, trading as low as $7.97. The price last settled at $7.99. The company recently announced a monthly dividend of $0.0665 per share, representing a 9.99% yield for investors.1

Citigroup has upgraded KeyCorp's preferred stock from Neutral to Buy. Institutional ownership remains robust, with total shares increasing slightly to 7.448 million in the past three months. Meanwhile, funds such as iShares Preferred and Income Securities ETF have adjusted their allocations, reflecting growing interest in the stock.2

Scotiabank has raised its rating of Digital Realty Trust's preferred stock to Sector Outperform. Institutional ownership of the stock has risen by 1.71% over the last quarter, with notable increases in holdings by iShares Preferred and Income Securities ETF and other funds, signaling heightened confidence in the investment.3