Advisors Asset Management Inc. Has $627,000 Stake in Nuveen Sl Tfip $NXP

Advisors Asset Management Inc. trimmed its stake in Nuveen Sl Tfip (NYSE:NXP) by 55.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,327 shares of the financial services provider’s stock after selling 54,260 shares during the period. Advisors Asset Management Inc.’s holdings in Nuveen Sl Tfip were worth $627,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wolverine Asset Management LLC grew its holdings in shares of Nuveen Sl Tfip by 10.5% in the 2nd quarter. Wolverine Asset Management LLC now owns 13,790 shares of the financial services provider’s stock worth $194,000 after purchasing an additional 1,315 shares during the last quarter. Tiller Private Wealth Inc. acquired a new position in Nuveen Sl Tfip in the third quarter valued at about $196,000. Farther Finance Advisors LLC bought a new stake in Nuveen Sl Tfip during the third quarter worth about $210,000. Plan Group Financial LLC bought a new stake in Nuveen Sl Tfip during the second quarter worth about $232,000. Finally, Mission Wealth Management LP acquired a new stake in shares of Nuveen Sl Tfip during the third quarter worth approximately $235,000. 16.17% of the stock is owned by institutional investors.

Nuveen Sl Tfip Price Performance

Shares of NXP opened at $14.46 on Thursday. Nuveen Sl Tfip has a one year low of $13.30 and a one year high of $14.80. The business’s 50 day simple moving average is $14.18 and its 200-day simple moving average is $14.25.

Nuveen Sl Tfip Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a dividend of $0.0535 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Friday, February 13th.

About Nuveen Sl Tfip

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.