Cetera Investment Advisers Boosts Stake in NUVEEN SL TFIP $NXP

Cetera Investment Advisers increased its position in NUVEEN SL TFIP (NYSE:NXP) by 4.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,146 shares of the financial services provider’s stock after buying an additional 1,120 shares during the period. Cetera Investment Advisers owned 0.06% of NUVEEN SL TFIP worth $404,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Blake Schutter Theil Wealth Advisors LLC raised its position in NUVEEN SL TFIP by 36.9% during the first quarter. Blake Schutter Theil Wealth Advisors LLC now owns 39,808 shares of the financial services provider’s stock valued at $572,000 after purchasing an additional 10,738 shares during the period. Stephens Inc. AR raised its position in NUVEEN SL TFIP by 2.6% during the first quarter. Stephens Inc. AR now owns 507,584 shares of the financial services provider’s stock valued at $7,294,000 after purchasing an additional 13,010 shares during the period. Capital Advisors Wealth Management LLC raised its position in NUVEEN SL TFIP by 33.1% during the first quarter. Capital Advisors Wealth Management LLC now owns 35,601 shares of the financial services provider’s stock valued at $512,000 after purchasing an additional 8,845 shares during the period. Fortitude Advisory Group L.L.C. raised its position in NUVEEN SL TFIP by 2.4% during the first quarter. Fortitude Advisory Group L.L.C. now owns 31,826 shares of the financial services provider’s stock valued at $438,000 after purchasing an additional 732 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in NUVEEN SL TFIP by 2.3% during the first quarter. Janney Montgomery Scott LLC now owns 36,354 shares of the financial services provider’s stock valued at $522,000 after purchasing an additional 825 shares during the period. 16.17% of the stock is currently owned by hedge funds and other institutional investors.

NUVEEN SL TFIP Stock Performance

Shares of NXP stock opened at $13.93 on Tuesday. NUVEEN SL TFIP has a 1 year low of $13.30 and a 1 year high of $15.25. The stock’s 50 day simple moving average is $13.93 and its two-hundred day simple moving average is $14.14.

NUVEEN SL TFIP Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a $0.052 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Friday, August 15th.

NUVEEN SL TFIP 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.