Royal Bank of Canada lessened its position in Nuveen Select Tax Free Income Portfolio (NYSE:NXP) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 58,514 shares of the financial services provider’s stock after selling 833 shares during the period. Royal Bank of Canada’s holdings in Nuveen Select Tax Free Income Portfolio were worth $841,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of NXP. Ameriprise Financial Inc. bought a new position in Nuveen Select Tax Free Income Portfolio during the second quarter valued at approximately $205,000. Private Advisor Group LLC bought a new position in Nuveen Select Tax Free Income Portfolio during the second quarter valued at approximately $143,000. Van ECK Associates Corp lifted its position in Nuveen Select Tax Free Income Portfolio by 15.9% during the second quarter. Van ECK Associates Corp now owns 44,746 shares of the financial services provider’s stock valued at $643,000 after purchasing an additional 6,142 shares during the period. Wells Fargo & Company MN lifted its position in Nuveen Select Tax Free Income Portfolio by 6.4% during the second 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 during the period. Finally, Tortoise Investment Management LLC lifted its position in Nuveen Select Tax Free Income Portfolio by 2.2% during the second 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 during the period. Hedge funds and other institutional investors own 9.48% of the company’s stock.

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Nuveen Select Tax Free Income Portfolio (NYSE:NXP) opened at $14.65 on Tuesday. Nuveen Select Tax Free Income Portfolio has a 52-week low of $13.50 and a 52-week high of $15.16.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a dividend of $0.0455 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.55 dividend on an annualized basis and a yield of 3.73%.

About Nuveen Select Tax Free Income Portfolio

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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