Nuveen Select Tax-Free Income Portfolio (NXP) to Issue Monthly Dividend of $0.05 on March 1st

Nuveen Select Tax-Free Income Portfolio (NYSE:NXPGet Free Report) announced a monthly dividend on Thursday, February 1st, NASDAQ reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.0485 per share by the financial services provider on Friday, March 1st. This represents a $0.58 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date is Wednesday, February 14th.

Nuveen Select Tax-Free Income Portfolio Price Performance

Shares of NXP opened at $14.61 on Monday. The business’s 50 day moving average price is $14.63 and its 200-day moving average price is $14.15. Nuveen Select Tax-Free Income Portfolio has a 52 week low of $12.91 and a 52 week high of $14.89.

Institutional Trading of Nuveen Select Tax-Free Income Portfolio

A number of hedge funds have recently made changes to their positions in the stock. UBS Group AG boosted its position in shares of Nuveen Select Tax-Free Income Portfolio by 3.7% in the 1st quarter. UBS Group AG now owns 1,416,479 shares of the financial services provider’s stock worth $20,270,000 after purchasing an additional 50,491 shares in the last quarter. Bank of America Corp DE lifted its position in Nuveen Select Tax-Free Income Portfolio by 54.9% in the 1st quarter. Bank of America Corp DE now owns 599,461 shares of the financial services provider’s stock valued at $8,578,000 after acquiring an additional 212,452 shares in the last quarter. Stephens Inc. AR lifted its position in Nuveen Select Tax-Free Income Portfolio by 4.2% in the 1st quarter. Stephens Inc. AR now owns 420,394 shares of the financial services provider’s stock valued at $6,016,000 after acquiring an additional 17,060 shares in the last quarter. Rivernorth Capital Management LLC bought a new position in Nuveen Select Tax-Free Income Portfolio in the 1st quarter valued at approximately $4,266,000. Finally, Advisors Asset Management Inc. lifted its position in Nuveen Select Tax-Free Income Portfolio by 22.3% in the 1st quarter. Advisors Asset Management Inc. now owns 252,611 shares of the financial services provider’s stock valued at $3,615,000 after acquiring an additional 46,018 shares in the last quarter. 15.34% of the stock is owned by institutional investors.

Nuveen Select Tax-Free Income Portfolio Company Profile

(Get 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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Dividend History for Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

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