Nuveen Sl Tfip (NYSE:NXP) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Nuveen Sl Tfip (NYSE:NXP)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.32 and traded as low as $14.32. Nuveen Sl Tfip shares last traded at $14.43, with a volume of 97,936 shares.

Nuveen Sl Tfip Price Performance

The company’s fifty day moving average is $14.31 and its 200 day moving average is $14.32.

Nuveen Sl Tfip Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be paid a dividend of $0.0535 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Friday, March 13th.

Hedge Funds Weigh In On Nuveen Sl Tfip

Hedge funds have recently made changes to their positions in the business. Stifel Financial Corp lifted its holdings in shares of Nuveen Sl Tfip by 5.1% during the 4th quarter. Stifel Financial Corp now owns 24,265 shares of the financial services provider’s stock valued at $342,000 after acquiring an additional 1,171 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Nuveen Sl Tfip by 14.1% in the 4th quarter. D.A. Davidson & CO. now owns 12,248 shares of the financial services provider’s stock valued at $173,000 after purchasing an additional 1,510 shares in the last quarter. LPL Financial LLC raised its position in Nuveen Sl Tfip by 1.5% in the fourth quarter. LPL Financial LLC now owns 135,017 shares of the financial services provider’s stock valued at $1,904,000 after purchasing an additional 2,021 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Nuveen Sl Tfip by 116.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,857 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 2,079 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in shares of Nuveen Sl Tfip by 4.0% during the third quarter. Truist Financial Corp now owns 61,115 shares of the financial services provider’s stock worth $884,000 after purchasing an additional 2,331 shares in the last quarter. Hedge funds and other institutional investors own 16.17% of the company’s stock.

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.