Nuveen Sl Tfip (NXP) To Go Ex-Dividend on August 14th

Nuveen Sl Tfip (NYSE:NXP) announced a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be paid a dividend of 0.0535 per share by the financial services provider on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen Sl Tfip Stock Up 0.6%

NXP opened at $14.24 on Wednesday. The firm’s fifty day simple moving average is $14.30 and its two-hundred day simple moving average is $14.29. Nuveen Sl Tfip has a 52-week low of $13.89 and a 52-week high of $14.65.

Institutional Investors Weigh In On Nuveen Sl Tfip

Several large investors have recently bought and sold shares of NXP. Raymond James Financial Inc. raised its holdings in shares of Nuveen Sl Tfip by 1.1% during the second quarter. Raymond James Financial Inc. now owns 256,934 shares of the financial services provider’s stock valued at $3,610,000 after acquiring an additional 2,838 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Nuveen Sl Tfip by 1.2% in the second quarter. Bank of America Corp DE now owns 446,821 shares of the financial services provider’s stock worth $6,278,000 after acquiring an additional 5,206 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Nuveen Sl Tfip during the second quarter worth approximately $346,000. Osaic Holdings Inc. increased its position in shares of Nuveen Sl Tfip by 63.6% during the second quarter. Osaic Holdings Inc. now owns 51,882 shares of the financial services provider’s stock worth $729,000 after purchasing an additional 20,174 shares in the last quarter. Finally, Van ECK Associates Corp raised its stake in Nuveen Sl Tfip by 20.8% in the 3rd quarter. Van ECK Associates Corp now owns 223,358 shares of the financial services provider’s stock valued at $3,230,000 after purchasing an additional 38,452 shares during the last quarter. 16.17% of the stock is currently owned by hedge funds and other institutional investors.

Nuveen Sl Tfip 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. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index and Lipper General and Insured Unleveraged Municipal Debt Funds Average.