Capital Investment Advisors LLC Boosts Stock Holdings in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Capital Investment Advisors LLC boosted its position in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP – Get Rating) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,600 shares of the financial services provider’s stock after purchasing an additional 880 shares during the period. Capital Investment Advisors LLC owned about 0.35% of Nuveen Select Tax-Free Income Portfolio worth $801,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its stake in Nuveen Select Tax-Free Income Portfolio by 0.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 238,460 shares of the financial services provider’s stock valued at $3,109,000 after purchasing an additional 1,400 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its stake in Nuveen Select Tax-Free Income Portfolio by 14.0% in the third quarter. Onyx Bridge Wealth Group LLC now owns 14,238 shares of the financial services provider’s stock valued at $186,000 after purchasing an additional 1,750 shares during the last quarter. Leelyn Smith LLC purchased a new position in Nuveen Select Tax-Free Income Portfolio in the third quarter valued at approximately $25,000. Creative Planning lifted its stake in Nuveen Select Tax-Free Income Portfolio by 17.3% in the second quarter. Creative Planning now owns 15,577 shares of the financial services provider’s stock valued at $213,000 after purchasing an additional 2,292 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Nuveen Select Tax-Free Income Portfolio by 3.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,578 shares of the financial services provider’s stock valued at $1,213,000 after purchasing an additional 2,890 shares during the last quarter.

Nuveen Select Tax-Free Income Portfolio Stock Performance

NYSE:NXP opened at $14.11 on Friday. The stock’s fifty day moving average price is $14.45 and its two-hundred day moving average price is $13.83. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $12.86 and a 1 year high of $14.94.

Nuveen Select Tax-Free Income Portfolio Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, April 3rd. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.0485 per share. The ex-dividend date of this dividend is Tuesday, March 14th. This represents a $0.58 annualized dividend and a dividend yield of 4.12%.

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.