Nuveen Quality Pref. Fund II (JPS) : Captrust Financial Advisors has sold out all of its stake in Nuveen Quality Pref. Fund II during the most recent quarter, according to the disclosure filed by the company on Aug 8, 2016 with the SEC. The investment management company has sold out 16,333 shares of Nuveen Quality Pref. Fund II which is valued at $157,287.
Other Hedge Funds, Including , Assetmark Inc added JPS to its portfolio by purchasing 2,367 company shares during the most recent quarter which is valued at $22,794.Cambridge Investment Research Advisors reduced its stake in JPS by selling 45,174 shares or 9.72% in the most recent quarter. The Hedge Fund company now holds 419,812 shares of JPS which is valued at $4,051,186. Nuveen Quality Pref. Fund II makes up approx 0.08% of Cambridge Investment Research Advisors’s portfolio.Winslow Evans Crocker reduced its stake in JPS by selling 36,782 shares or 98.36% in the most recent quarter. The Hedge Fund company now holds 612 shares of JPS which is valued at $5,814.Duncker Streett Co Inc boosted its stake in JPS in the latest quarter, The investment management firm added 2,616 additional shares and now holds a total of 8,614 shares of Nuveen Quality Pref. Fund II which is valued at $81,833. Nuveen Quality Pref. Fund II makes up approx 0.03% of Duncker Streett Co Inc’s portfolio.
Nuveen Quality Pref. Fund II closed down -0.1 points or -1.04% at $9.51 with 8,41,940 shares getting traded on Monday. Post opening the session at $9.61, the shares hit an intraday low of $9.5 and an intraday high of $9.65 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Nuveen Quality Preferred Income Fund 2 (the Fund) is a closed-end management investment company. The Fund’s investment objective is high current income consistent with capital preservation. The Fund’s secondary investment objective is to enhance portfolio value. The Fund invests around 80% of its net assets in preferred securities; around 20% of its net assets in debt securities including convertible debt securities and convertible preferred securities and 100% of its total assets in securities that at the time of investment are of investment grade quality (BBB/Baa) which may include up to 10% in securities that are rated investment grade by at least one nationally recognized statistical rating organization. The Fund invests in sectors such as banks insurance capital markets real estate investment trust electric utilities wireless telecommunication services and others. The Fund’s investment advisor and fund manager is Nuveen Fund Advisors LLC.