Free Trial

1607 Capital Partners LLC Acquires 52,358 Shares of Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)

1607 Capital Partners LLC Acquires 52,358 Shares of Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)

1607 Capital Partners LLC grew its position in shares of Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN - Free Report) by 23.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 273,085 shares of the company's stock after purchasing an additional 52,358 shares during the quarter. 1607 Capital Partners LLC owned 4.29% of Nuveen New York Select Tax-Free Income Portfolio worth $3,100,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Guggenheim Capital LLC grew its stake in Nuveen New York Select Tax-Free Income Portfolio by 13.3% in the 4th quarter. Guggenheim Capital LLC now owns 55,020 shares of the company's stock valued at $624,000 after buying an additional 6,457 shares during the last quarter. Wolverine Asset Management LLC increased its holdings in Nuveen New York Select Tax-Free Income Portfolio by 27.3% during the 4th quarter. Wolverine Asset Management LLC now owns 45,983 shares of the company's stock valued at $522,000 after purchasing an additional 9,850 shares in the last quarter. Breakwater Capital Group lifted its position in Nuveen New York Select Tax-Free Income Portfolio by 15.3% during the 4th quarter. Breakwater Capital Group now owns 41,133 shares of the company's stock worth $467,000 after buying an additional 5,470 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Nuveen New York Select Tax-Free Income Portfolio by 41.5% in the third quarter. Stifel Financial Corp now owns 21,883 shares of the company's stock valued at $266,000 after purchasing an additional 6,421 shares in the last quarter.

Nuveen New York Select Tax-Free Income Portfolio Stock Performance

Nuveen New York Select Tax-Free Income Portfolio stock traded down $0.05 during trading hours on Monday, reaching $11.26. 11,430 shares of the company's stock traded hands, compared to its average volume of 10,791. The firm's 50 day moving average is $11.67 and its 200-day moving average is $11.74. Nuveen New York Select Tax-Free Income Portfolio has a fifty-two week low of $10.98 and a fifty-two week high of $12.40.

Nuveen New York Select Tax-Free Income Portfolio Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a $0.042 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.48%.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

(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.

Featured Stories

Institutional Ownership by Quarter for Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)

Should You Invest $1,000 in Nuveen New York Select Tax-Free Income Portfolio Right Now?

Before you consider Nuveen New York 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 New York Select Tax-Free Income Portfolio wasn't on the list.

While Nuveen New York 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

Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines