Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Stock Position Increased by Wolverine Asset Management LLC

Wolverine Asset Management LLC lifted its position in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) by 27.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 45,983 shares of the company’s stock after buying an additional 9,850 shares during the quarter. Wolverine Asset Management LLC’s holdings in Nuveen New York Select Tax-Free Income Portfolio were worth $522,000 at the end of the most recent reporting period.

Separately, Stifel Financial Corp raised its stake in shares of Nuveen New York Select Tax-Free Income Portfolio by 41.5% in the 3rd quarter. Stifel Financial Corp now owns 21,883 shares of the company’s stock worth $266,000 after buying an additional 6,421 shares in the last quarter.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

NXN opened at $11.79 on Monday. Nuveen New York Select Tax-Free Income Portfolio has a one year low of $10.98 and a one year high of $12.40. The stock’s fifty day moving average is $11.59 and its 200-day moving average is $11.83.

Nuveen New York Select Tax-Free Income Portfolio Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.042 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date of this dividend is Friday, February 14th.

About Nuveen New York Select Tax-Free Income Portfolio

Nuveen New York 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 New York. The fund invests in the securities of companies that operate across diversified sectors.