Hirtle Callaghan & Co LLC purchased a new stake in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 63,260 shares of the financial services provider's stock, valued at approximately $958,000. Hirtle Callaghan & Co LLC owned about 0.14% of Nuveen Select Tax-Free Income Portfolio at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Global Retirement Partners LLC bought a new position in shares of Nuveen Select Tax-Free Income Portfolio during the fourth quarter valued at approximately $27,000. Icon Wealth Advisors LLC purchased a new position in Nuveen Select Tax-Free Income Portfolio during the 3rd quarter valued at $32,000. Flagship Wealth Advisors LLC bought a new position in Nuveen Select Tax-Free Income Portfolio in the 4th quarter worth $47,000. Visionary Horizons LLC lifted its position in shares of Nuveen Select Tax-Free Income Portfolio by 21.2% in the 4th quarter. Visionary Horizons LLC now owns 16,570 shares of the financial services provider's stock worth $251,000 after purchasing an additional 2,895 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of Nuveen Select Tax-Free Income Portfolio by 103.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 26,351 shares of the financial services provider's stock valued at $399,000 after purchasing an additional 13,382 shares in the last quarter. Hedge funds and other institutional investors own 16.17% of the company's stock.
Nuveen Select Tax-Free Income Portfolio Price Performance
Shares of NYSE NXP traded up $0.04 during midday trading on Friday, hitting $14.33. 66,463 shares of the company traded hands, compared to its average volume of 85,492. Nuveen Select Tax-Free Income Portfolio has a 12-month low of $13.79 and a 12-month high of $15.25. The stock has a 50-day moving average price of $14.66 and a 200 day moving average price of $14.79.
Nuveen Select Tax-Free Income Portfolio Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given 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.
About Nuveen Select Tax-Free Income Portfolio
(
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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