Hennion & Walsh Asset Management Inc. Trims Stake in Nuveen Sl Tfip $NXP

Hennion & Walsh Asset Management Inc. cut its holdings in shares of Nuveen Sl Tfip (NYSE:NXP) by 9.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 920,567 shares of the financial services provider’s stock after selling 94,598 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Nuveen Sl Tfip were worth $13,311,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Guggenheim Capital LLC increased its position in Nuveen Sl Tfip by 30.6% during the second quarter. Guggenheim Capital LLC now owns 822,807 shares of the financial services provider’s stock valued at $11,560,000 after acquiring an additional 193,000 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in Nuveen Sl Tfip in the 2nd quarter valued at about $346,000. Osaic Holdings Inc. increased its position in Nuveen Sl Tfip by 63.6% during the 2nd quarter. Osaic Holdings Inc. now owns 51,882 shares of the financial services provider’s stock valued at $729,000 after buying an additional 20,174 shares in the last quarter. World Investment Advisors purchased a new stake in shares of Nuveen Sl Tfip during the third quarter worth about $286,000. Finally, Plan Group Financial LLC purchased a new position in shares of Nuveen Sl Tfip in the 2nd quarter valued at approximately $232,000. Institutional investors own 16.17% of the company’s stock.

Nuveen Sl Tfip Stock Performance

Shares of Nuveen Sl Tfip stock opened at $14.10 on Tuesday. The firm’s 50 day simple moving average is $14.29 and its two-hundred day simple moving average is $14.19. Nuveen Sl Tfip has a 12-month low of $13.30 and a 12-month high of $15.14.

Nuveen Sl Tfip Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be given a dividend of $0.0535 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Nuveen Sl Tfip Company 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. 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.