Realta Investment Advisors cut its stake in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP - Free Report) by 84.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,009 shares of the financial services provider's stock after selling 110,367 shares during the period. Realta Investment Advisors' holdings in Nuveen Select Tax-Free Income Portfolio were worth $296,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 0.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 125,994 shares of the financial services provider's stock worth $1,816,000 after buying an additional 770 shares in the last quarter. Stifel Financial Corp boosted its stake in Nuveen Select Tax-Free Income Portfolio by 1.5% during the 2nd quarter. Stifel Financial Corp now owns 55,706 shares of the financial services provider's stock valued at $803,000 after purchasing an additional 814 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Nuveen Select Tax-Free Income Portfolio by 26.9% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 6,781 shares of the financial services provider's stock valued at $97,000 after purchasing an additional 1,438 shares during the period. Captrust Financial Advisors raised its stake in shares of Nuveen Select Tax-Free Income Portfolio by 2.5% in the 2nd quarter. Captrust Financial Advisors now owns 62,455 shares of the financial services provider's stock worth $900,000 after buying an additional 1,530 shares in the last quarter. Finally, NBC Securities Inc. acquired a new stake in shares of Nuveen Select Tax-Free Income Portfolio in the third quarter valued at $26,000. 16.17% of the stock is currently owned by institutional investors.
Nuveen Select Tax-Free Income Portfolio Stock Performance
Shares of NXP traded down $0.01 during trading hours on Monday, hitting $14.43. 95,389 shares of the company were exchanged, compared to its average volume of 70,171. Nuveen Select Tax-Free Income Portfolio has a one year low of $12.91 and a one year high of $14.89. The firm has a fifty day simple moving average of $14.56 and a 200-day simple moving average of $14.23.
Nuveen Select Tax-Free Income Portfolio Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, April 1st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.0485 per share. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Thursday, March 14th.
About Nuveen Select Tax-Free Income Portfolio
(
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.
Recommended Stories
Before you consider Nuveen Select Tax-Free Income Portfolio, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen Select Tax-Free Income Portfolio wasn't on the list.
While Nuveen Select Tax-Free Income Portfolio currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
