Nuveen Select Tax-Free Income Portfolio Plans Dividend of $0.05 (NYSE:NXP)

Nuveen Select Tax-Free Income Portfolio (NYSE:NXPGet Free Report) declared a dividend on Thursday, February 1st, NASDAQ reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.0485 per share by the financial services provider on Friday, March 1st. The ex-dividend date is Wednesday, February 14th.

Nuveen Select Tax-Free Income Portfolio Stock Down 0.4 %

Shares of NYSE NXP traded down $0.06 during midday trading on Friday, reaching $14.56. The company’s stock had a trading volume of 111,012 shares, compared to its average volume of 67,747. Nuveen Select Tax-Free Income Portfolio has a fifty-two week low of $12.91 and a fifty-two week high of $14.94. The business’s 50 day moving average price is $14.59 and its two-hundred day moving average price is $14.15.

Hedge Funds Weigh In On Nuveen Select Tax-Free Income Portfolio

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NXP. UBS Group AG lifted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 3.7% during the 1st quarter. UBS Group AG now owns 1,416,479 shares of the financial services provider’s stock worth $20,270,000 after acquiring an additional 50,491 shares during the period. Bank of America Corp DE boosted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 54.9% in the 1st quarter. Bank of America Corp DE now owns 599,461 shares of the financial services provider’s stock valued at $8,578,000 after purchasing an additional 212,452 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 4.2% in the 1st quarter. Stephens Inc. AR now owns 420,394 shares of the financial services provider’s stock valued at $6,016,000 after purchasing an additional 17,060 shares in the last quarter. Rivernorth Capital Management LLC bought a new position in shares of Nuveen Select Tax-Free Income Portfolio in the 1st quarter valued at $4,266,000. Finally, Advisors Asset Management Inc. raised its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 22.3% during the 1st quarter. Advisors Asset Management Inc. now owns 252,611 shares of the financial services provider’s stock worth $3,615,000 after buying an additional 46,018 shares in the last quarter. 15.34% of the stock is owned by institutional investors and hedge funds.

Nuveen Select Tax-Free Income Portfolio Company Profile

(Get Free Report)

Nuveen Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better.

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Dividend History for Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

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