Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) Shares Sold by Lantz Financial LLC

Lantz Financial LLC lowered its position in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 28.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,040 shares of the financial services provider’s stock after selling 4,827 shares during the quarter. Lantz Financial LLC’s holdings in Nuveen Select Tax-Free Income Portfolio were worth $182,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXP. Hennion & Walsh Asset Management Inc. lifted its position in Nuveen Select Tax-Free Income Portfolio by 45.3% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 956,400 shares of the financial services provider’s stock worth $14,489,000 after acquiring an additional 298,219 shares during the period. International Assets Investment Management LLC lifted its position in Nuveen Select Tax-Free Income Portfolio by 1,422.3% during the 3rd quarter. International Assets Investment Management LLC now owns 81,258 shares of the financial services provider’s stock worth $1,228,000 after acquiring an additional 75,920 shares during the period. Silver Lake Advisory LLC acquired a new stake in Nuveen Select Tax-Free Income Portfolio during the 2nd quarter worth about $631,000. Blake Schutter Theil Wealth Advisors LLC acquired a new stake in Nuveen Select Tax-Free Income Portfolio during the 3rd quarter worth about $439,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in Nuveen Select Tax-Free Income Portfolio by 70.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 36,543 shares of the financial services provider’s stock worth $554,000 after acquiring an additional 15,046 shares during the period. Institutional investors and hedge funds own 16.17% of the company’s stock.

Nuveen Select Tax-Free Income Portfolio Stock Up 0.1 %

Shares of NXP opened at $14.88 on Friday. The stock has a 50-day moving average of $14.82 and a two-hundred day moving average of $14.84. Nuveen Select Tax-Free Income Portfolio has a one year low of $13.79 and a one year high of $15.25.

Nuveen Select Tax-Free Income Portfolio Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.052 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.19%.

Nuveen Select Tax-Free Income Portfolio 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.