Raymond James Financial Inc. acquired 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 disclosure with the Securities & Exchange Commission. The fund acquired 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 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of NXP. Global Retirement Partners LLC purchased a new position in shares of Nuveen Select Tax-Free Income Portfolio during the 4th quarter worth about $27,000. Icon Wealth Advisors LLC bought a new stake in Nuveen Select Tax-Free Income Portfolio in the third quarter worth about $32,000. Visionary Horizons LLC boosted its position in shares of 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 valued at $251,000 after buying an additional 2,895 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of Nuveen Select Tax-Free Income Portfolio by 103.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 26,351 shares of the financial services provider's stock valued at $399,000 after buying an additional 13,382 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC raised its holdings 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 worth $405,000 after buying an additional 6,390 shares during the period. Institutional investors own 16.17% of the company's stock.
Nuveen Select Tax-Free Income Portfolio Price Performance
Shares of NXP stock traded up $0.04 on Friday, reaching $14.33. 66,463 shares of the company's stock were exchanged, compared to its average volume of 85,492. The company's fifty day simple moving average is $14.66 and its 200 day simple moving average is $14.79. Nuveen Select Tax-Free Income Portfolio has a 52 week low of $13.79 and a 52 week high of $15.25.
Nuveen Select Tax-Free Income Portfolio Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.052 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Select Tax-Free Income Portfolio Profile
(
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.
Read More
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
