Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) Position Increased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its holdings in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP - Free Report) by 22.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 161,594 shares of the financial services provider's stock after acquiring an additional 29,161 shares during the period. Commonwealth Equity Services LLC owned 0.35% of Nuveen Select Tax-Free Income Portfolio worth $2,448,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Nuveen Select Tax-Free Income Portfolio during the fourth quarter worth about $4,547,000. Jones Financial Companies Lllp raised its stake in shares of Nuveen Select Tax-Free Income Portfolio by 47.0% during the fourth quarter. Jones Financial Companies Lllp now owns 137,388 shares of the financial services provider's stock worth $2,081,000 after purchasing an additional 43,948 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 103.2% in the fourth 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 in the last quarter. Global Retirement Partners LLC purchased a new position in shares of Nuveen Select Tax-Free Income Portfolio during the 4th quarter worth approximately $27,000. Finally, Truist Financial Corp lifted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 2.2% in the 4th quarter. Truist Financial Corp now owns 60,684 shares of the financial services provider's stock valued at $919,000 after buying an additional 1,300 shares during the period. Institutional investors and hedge funds own 16.17% of the company's stock.

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Nuveen Select Tax-Free Income Portfolio Stock Up 0.3 %

Nuveen Select Tax-Free Income Portfolio stock traded up $0.04 during trading hours on Friday, hitting $14.33. The stock had a trading volume of 66,463 shares, compared to its average volume of 85,492. Nuveen Select Tax-Free Income Portfolio has a 1-year low of $13.79 and a 1-year high of $15.25. The stock's fifty day moving average is $14.66 and its two-hundred day moving average is $14.79.

Nuveen Select Tax-Free Income Portfolio Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.052 dividend. This represents a $0.62 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Select Tax-Free Income Portfolio Company Profile

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.