Cambridge Investment Research Advisors Inc. Decreases Position in NUVEEN SL TFIP (NYSE:NXP)

Cambridge Investment Research Advisors Inc. decreased its position in NUVEEN SL TFIP (NYSE:NXP - Free Report) by 6.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 483,240 shares of the financial services provider's stock after selling 35,164 shares during the period. Cambridge Investment Research Advisors Inc. owned about 1.03% of NUVEEN SL TFIP worth $6,944,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fortitude Advisory Group L.L.C. grew its stake in NUVEEN SL TFIP by 2.4% in the 1st quarter. Fortitude Advisory Group L.L.C. now owns 31,826 shares of the financial services provider's stock valued at $438,000 after acquiring an additional 732 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of NUVEEN SL TFIP by 2.3% in the first quarter. Janney Montgomery Scott LLC now owns 36,354 shares of the financial services provider's stock valued at $522,000 after purchasing an additional 825 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of NUVEEN SL TFIP during the 1st quarter worth approximately $37,000. Breakwater Capital Group raised its position in shares of NUVEEN SL TFIP by 18.3% during the 1st quarter. Breakwater Capital Group now owns 52,709 shares of the financial services provider's stock worth $757,000 after purchasing an additional 8,146 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in shares of NUVEEN SL TFIP by 9.7% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 1,049,189 shares of the financial services provider's stock worth $15,077,000 after purchasing an additional 92,789 shares during the last quarter. Institutional investors and hedge funds own 16.17% of the company's stock.

NUVEEN SL TFIP Trading Down 0.1%

Shares of NYSE:NXP opened at $13.94 on Friday. The business's fifty day moving average price is $13.99 and its two-hundred day moving average price is $14.38. NUVEEN SL TFIP has a one year low of $13.30 and a one year high of $15.25.

NUVEEN SL TFIP Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be given a dividend of $0.052 per share. This represents a $0.62 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date is Friday, June 13th.

NUVEEN SL TFIP Company Profile

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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