Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) Stock Position Reduced by Wells Fargo & Company MN

Wells Fargo & Company MN lessened its position in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXPFree Report) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 566,029 shares of the financial services provider’s stock after selling 13,544 shares during the period. Wells Fargo & Company MN owned about 1.21% of Nuveen Select Tax-Free Income Portfolio worth $8,366,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of NXP. UBS Group AG raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 6.5% during the 3rd quarter. UBS Group AG now owns 1,579,000 shares of the financial services provider’s stock worth $21,001,000 after purchasing an additional 96,024 shares during the period. Advisors Asset Management Inc. raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 10.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 354,909 shares of the financial services provider’s stock worth $4,720,000 after purchasing an additional 32,460 shares during the period. Van ECK Associates Corp raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 15.3% during the 4th quarter. Van ECK Associates Corp now owns 257,980 shares of the financial services provider’s stock worth $3,813,000 after purchasing an additional 34,173 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 11.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 195,405 shares of the financial services provider’s stock worth $2,888,000 after purchasing an additional 19,595 shares during the period. Finally, Raymond James & Associates raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 3.1% during the 4th quarter. Raymond James & Associates now owns 144,877 shares of the financial services provider’s stock worth $2,141,000 after purchasing an additional 4,359 shares during the period. Institutional investors own 16.17% of the company’s stock.

Nuveen Select Tax-Free Income Portfolio Trading Up 0.4 %

Shares of Nuveen Select Tax-Free Income Portfolio stock opened at $14.28 on Thursday. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $12.91 and a twelve month high of $14.89. The business’s 50 day simple moving average is $14.19 and its 200-day simple moving average is $14.43.

Nuveen Select Tax-Free Income Portfolio Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be given a $0.052 dividend. This is a boost from Nuveen Select Tax-Free Income Portfolio’s previous monthly dividend of $0.05. This represents a $0.62 annualized dividend and a yield of 4.37%. The ex-dividend date is Friday, June 14th.

Nuveen Select Tax-Free Income Portfolio Profile

(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.

See Also

Want to see what other hedge funds are holding NXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuveen Select Tax-Free Income Portfolio (NYSE:NXPFree Report).

Institutional Ownership by Quarter for Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

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