Blue Bell Private Wealth Management buys $2,144 stake in Nuveen Quality Pref. Fund II (JPS)

Nuveen Quality Pref. Fund II (JPS) : Blue Bell Private Wealth Management scooped up 4 additional shares in Nuveen Quality Pref. Fund II during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 231 shares of Nuveen Quality Pref. Fund II which is valued at $2,144.

Other Hedge Funds, Including , Creative Planning boosted its stake in JPS in the latest quarter, The investment management firm added 3,795 additional shares and now holds a total of 14,707 shares of Nuveen Quality Pref. Fund II which is valued at $139,422.Prospera Financial Services Inc reduced its stake in JPS by selling 15,625 shares or 8.39% in the most recent quarter. The Hedge Fund company now holds 170,600 shares of JPS which is valued at $1,617,288. Nuveen Quality Pref. Fund II makes up approx 0.33% of Prospera Financial Services Inc’s portfolio.Beacon Capital Management reduced its stake in JPS by selling 250 shares or 4.72% in the most recent quarter. The Hedge Fund company now holds 5,050 shares of JPS which is valued at $48,733.Carroll Financial Associates boosted its stake in JPS in the latest quarter, The investment management firm added 2,051 additional shares and now holds a total of 4,382 shares of Nuveen Quality Pref. Fund II which is valued at $42,286. Nuveen Quality Pref. Fund II makes up approx 0.01% of Carroll Financial Associates’s portfolio.

Nuveen Quality Pref. Fund II closed down -0.07 points or -0.75% at $9.28 with 3,90,559 shares getting traded on Friday. Post opening the session at $9.38, the shares hit an intraday low of $9.28 and an intraday high of $9.42 and the price fluctuated in this range throughout the day.Shares ended Friday 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.

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