Shares of Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN - Get Free Report) dropped 0.5% on Tuesday . The company traded as low as $11.45 and last traded at $11.48. Approximately 9,689 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 11,040 shares. The stock had previously closed at $11.53.
Nuveen New York Select Tax-Free Income Portfolio Stock Performance
The company has a 50 day moving average of $11.52 and a 200 day moving average of $11.63.
Nuveen New York Select Tax-Free Income Portfolio Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be issued a dividend of $0.042 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Friday, June 13th.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in NXN. Atria Wealth Solutions Inc. bought a new stake in shares of Nuveen New York Select Tax-Free Income Portfolio in the first quarter worth $230,000. OMNI 360 Wealth Inc. raised its holdings in shares of Nuveen New York Select Tax-Free Income Portfolio by 20.0% in the 1st quarter. OMNI 360 Wealth Inc. now owns 15,000 shares of the company's stock worth $177,000 after acquiring an additional 2,500 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Nuveen New York Select Tax-Free Income Portfolio in the 1st quarter worth about $107,000. Logan Stone Capital LLC purchased a new stake in Nuveen New York Select Tax-Free Income Portfolio in the 4th quarter valued at about $197,000. Finally, 1607 Capital Partners LLC increased its stake in Nuveen New York Select Tax-Free Income Portfolio by 23.7% in the 4th quarter. 1607 Capital Partners LLC now owns 273,085 shares of the company's stock valued at $3,100,000 after buying an additional 52,358 shares during the last quarter.
About Nuveen New York Select Tax-Free Income Portfolio
(
Get Free Report)
Nuveen New York 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 New York. The fund invests in the securities of companies that operate across diversified sectors.
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