Stephens Inc. AR Sells 1,000 Shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Stephens Inc. AR cut its stake in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 494,574 shares of the financial services provider’s stock after selling 1,000 shares during the quarter. Stephens Inc. AR owned about 1.06% of Nuveen Select Tax-Free Income Portfolio worth $7,493,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Visionary Horizons LLC lifted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 21.2% in the 4th quarter. Visionary Horizons LLC now owns 16,570 shares of the financial services provider’s stock worth $251,000 after acquiring an additional 2,895 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Nuveen Select Tax-Free Income Portfolio by 13.2% in the 4th quarter. Stratos Wealth Partners LTD. now owns 48,207 shares of the financial services provider’s stock worth $730,000 after purchasing an additional 5,609 shares during the period. Janney Montgomery Scott LLC lifted its stake in Nuveen Select Tax-Free Income Portfolio by 5.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 35,529 shares of the financial services provider’s stock worth $538,000 after purchasing an additional 1,900 shares during the last quarter. Capital Advisors Wealth Management LLC boosted its position in shares of Nuveen Select Tax-Free Income Portfolio by 31.4% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 26,756 shares of the financial services provider’s stock valued at $405,000 after buying an additional 6,390 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its stake in shares of Nuveen Select Tax-Free Income Portfolio by 45.3% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 956,400 shares of the financial services provider’s stock valued at $14,489,000 after buying an additional 298,219 shares during the last quarter. 16.17% of the stock is currently owned by institutional investors.

Nuveen Select Tax-Free Income Portfolio Trading Up 0.3 %

Shares of NYSE NXP opened at $14.95 on Monday. Nuveen Select Tax-Free Income Portfolio has a fifty-two week low of $13.79 and a fifty-two week high of $15.25. The business’s 50 day moving average price is $14.85 and its 200-day moving average price is $14.86.

Nuveen Select Tax-Free Income Portfolio Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.052 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.62 dividend on an annualized basis and a yield of 4.17%.

About Nuveen Select Tax-Free Income Portfolio

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.