Hennion & Walsh Asset Management Inc. trimmed its position in shares of Nuveen California Select Tax-Free Income Portfolio (NYSE:NXC - Free Report) by 54.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,652 shares of the company's stock after selling 26,052 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.34% of Nuveen California Select Tax-Free Income Portfolio worth $280,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Advisors Asset Management Inc. grew its stake in Nuveen California Select Tax-Free Income Portfolio by 30.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 43,308 shares of the company's stock valued at $612,000 after acquiring an additional 10,108 shares during the period. International Assets Investment Management LLC lifted its holdings in Nuveen California Select Tax-Free Income Portfolio by 1,313.9% during the third quarter. International Assets Investment Management LLC now owns 14,153 shares of the company's stock valued at $200,000 after purchasing an additional 13,152 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Nuveen California Select Tax-Free Income Portfolio in the second quarter valued at about $74,000. 11.89% of the stock is currently owned by institutional investors and hedge funds.
Nuveen California Select Tax-Free Income Portfolio Price Performance
NXC stock opened at $13.03 on Wednesday. Nuveen California Select Tax-Free Income Portfolio has a 52 week low of $12.75 and a 52 week high of $14.18. The firm has a 50-day simple moving average of $13.21 and a 200-day simple moving average of $13.53.
Nuveen California Select Tax-Free Income Portfolio Dividend Announcement
The company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.0455 dividend. The ex-dividend date of this dividend is Wednesday, January 15th.
Nuveen California Select Tax-Free Income Portfolio Company Profile
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Free Report)
Nuveen California 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 California. The fund invests in the securities of companies that operate across diversified sectors.
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