Nations Financial Group Inc. IA ADV boosted its stake in Nuveen Select Tax Free Income Portfolio (NYSE:NXP) by 0.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,325 shares of the financial services provider’s stock after buying an additional 21 shares during the period. Nations Financial Group Inc. IA ADV owned 0.07% of Nuveen Select Tax Free Income Portfolio worth $177,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wells Fargo & Company MN boosted its position in shares of Nuveen Select Tax Free Income Portfolio by 6.4% during the 2nd quarter. Wells Fargo & Company MN now owns 62,479 shares of the financial services provider’s stock valued at $898,000 after purchasing an additional 3,743 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Nuveen Select Tax Free Income Portfolio during the 2nd quarter valued at about $143,000. Finally, Tortoise Investment Management LLC boosted its position in shares of Nuveen Select Tax Free Income Portfolio by 2.2% during the 2nd quarter. Tortoise Investment Management LLC now owns 141,739 shares of the financial services provider’s stock valued at $2,038,000 after purchasing an additional 3,000 shares in the last quarter. Hedge funds and other institutional investors own 9.66% of the company’s stock.

Nuveen Select Tax Free Income Portfolio (NXP) traded down 0.0664% during trading on Monday, hitting $14.9001. 1,777 shares of the stock traded hands. The firm’s 50-day moving average is $14.68 and its 200 day moving average is $14.35. Nuveen Select Tax Free Income Portfolio has a 52 week low of $13.50 and a 52 week high of $15.62.

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be given a $0.0455 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.55 dividend on an annualized basis and a yield of 3.66%.

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Nuveen Select Tax Free Income Portfolio Company Profile

Nuveen Select Tax-Free Income Portfolio is a diversified closed-end management investment company. The Fund’s investment objective is that it seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes, where applicable, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.

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Institutional Ownership by Quarter for Nuveen Select Tax Free Income Portfolio (NYSE:NXP)

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