Nuveen Select Tax-Free Income Portfolio (NYSE:NXP - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $14.85 and traded as high as $14.94. Nuveen Select Tax-Free Income Portfolio shares last traded at $14.63, with a volume of 128,371 shares trading hands.
Nuveen Select Tax-Free Income Portfolio Trading Up 0.1 %
The business has a 50-day moving average price of $14.84 and a two-hundred day moving average price of $14.86.
Nuveen Select Tax-Free Income Portfolio Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.052 dividend. This represents a $0.62 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend is Friday, February 14th.
Hedge Funds Weigh In On Nuveen Select Tax-Free Income Portfolio
Several hedge funds and other institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC lifted its position in Nuveen Select Tax-Free Income Portfolio by 1,422.3% in the 3rd quarter. International Assets Investment Management LLC now owns 81,258 shares of the financial services provider's stock valued at $1,228,000 after purchasing an additional 75,920 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 27.9% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 658,181 shares of the financial services provider's stock valued at $9,945,000 after buying an additional 143,447 shares during the last quarter. Blake Schutter Theil Wealth Advisors LLC bought a new stake in shares of Nuveen Select Tax-Free Income Portfolio during the third quarter valued at approximately $439,000. Icon Wealth Advisors LLC acquired a new position in shares of Nuveen Select Tax-Free Income Portfolio during the third quarter worth approximately $32,000. Finally, B. Riley Wealth Advisors Inc. grew its holdings in Nuveen Select Tax-Free Income Portfolio by 70.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 36,543 shares of the financial services provider's stock worth $554,000 after buying an additional 15,046 shares in the last quarter. Institutional investors and hedge funds own 16.17% of the company's stock.
About Nuveen Select Tax-Free Income Portfolio
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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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