Raymond James Financial Inc. bought a new position in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 300,100 shares of the financial services provider's stock, valued at approximately $4,547,000. Raymond James Financial Inc. owned 0.64% of Nuveen Select Tax-Free Income Portfolio at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC bought a new position in Nuveen Select Tax-Free Income Portfolio in the fourth quarter valued at approximately $27,000. Flagship Wealth Advisors LLC bought a new position in shares of Nuveen Select Tax-Free Income Portfolio in the 4th quarter valued at about $47,000. Visionary Horizons LLC increased its position in Nuveen Select Tax-Free Income Portfolio by 21.2% during the fourth quarter. Visionary Horizons LLC now owns 16,570 shares of the financial services provider's stock worth $251,000 after buying an additional 2,895 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in Nuveen Select Tax-Free Income Portfolio by 103.2% in the 4th quarter. Concurrent Investment Advisors LLC now owns 26,351 shares of the financial services provider's stock valued at $399,000 after acquiring an additional 13,382 shares during the period. Finally, Capital Advisors Wealth Management LLC raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 31.4% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 26,756 shares of the financial services provider's stock valued at $405,000 after purchasing an additional 6,390 shares during the period. Institutional investors and hedge funds own 16.17% of the company's stock.
Nuveen Select Tax-Free Income Portfolio Price Performance
Shares of Nuveen Select Tax-Free Income Portfolio stock traded up $0.14 on Thursday, hitting $14.13. The stock had a trading volume of 84,420 shares, compared to its average volume of 91,856. The business's 50 day moving average is $14.18 and its two-hundred day moving average is $14.60. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $13.30 and a twelve month high of $15.25.
Nuveen Select Tax-Free Income Portfolio Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.052 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.42%.
Nuveen Select Tax-Free Income Portfolio Profile
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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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