Allspring Global Investments Holdings LLC Has $3.11 Million Stake in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Allspring Global Investments Holdings LLC boosted its holdings in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP – Get Rating) by 0.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 238,460 shares of the financial services provider’s stock after purchasing an additional 1,400 shares during the quarter. Allspring Global Investments Holdings LLC owned 1.44% of Nuveen Select Tax-Free Income Portfolio worth $3,109,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Truist Financial Corp raised its stake in Nuveen Select Tax-Free Income Portfolio by 68.5% in the 3rd quarter. Truist Financial Corp now owns 24,599 shares of the financial services provider’s stock worth $321,000 after purchasing an additional 10,000 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Nuveen Select Tax-Free Income Portfolio by 11.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 37,999 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 4,042 shares in the last quarter. Raymond James & Associates increased its holdings in Nuveen Select Tax-Free Income Portfolio by 92.1% in the 3rd quarter. Raymond James & Associates now owns 131,770 shares of the financial services provider’s stock valued at $1,718,000 after buying an additional 63,190 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in Nuveen Select Tax-Free Income Portfolio by 36.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 170,748 shares of the financial services provider’s stock valued at $2,227,000 after buying an additional 45,294 shares during the period. Finally, Annex Advisory Services LLC bought a new position in Nuveen Select Tax-Free Income Portfolio in the 3rd quarter valued at about $200,000.

Nuveen Select Tax-Free Income Portfolio Price Performance

NXP stock opened at $14.26 on Wednesday. Nuveen Select Tax-Free Income Portfolio has a 12 month low of $12.86 and a 12 month high of $15.60. The company’s 50-day moving average price is $13.77 and its two-hundred day moving average price is $13.71.

Nuveen Select Tax-Free Income Portfolio Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Friday, January 13th will be issued a $0.0485 dividend. This represents a $0.58 annualized dividend and a yield of 4.08%. The ex-dividend date is Thursday, January 12th.

Nuveen Select Tax-Free Income Portfolio Profile

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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.