Avior Wealth Management LLC Acquires New Shares in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Avior Wealth Management LLC acquired a new stake in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 24,500 shares of the financial services provider’s stock, valued at approximately $362,000. Avior Wealth Management LLC owned about 0.05% of Nuveen Select Tax-Free Income Portfolio at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. bought a new position in shares of Nuveen Select Tax-Free Income Portfolio in the third quarter worth about $26,000. Wolverine Asset Management LLC bought a new position in shares of Nuveen Select Tax-Free Income Portfolio in the third quarter worth about $38,000. Sunbelt Securities Inc. bought a new position in shares of Nuveen Select Tax-Free Income Portfolio in the first quarter worth about $57,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Nuveen Select Tax-Free Income Portfolio in the fourth quarter worth about $78,000. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Nuveen Select Tax-Free Income Portfolio by 42.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,343 shares of the financial services provider’s stock worth $74,000 after buying an additional 1,592 shares during the period. 16.17% of the stock is owned by hedge funds and other institutional investors.

Nuveen Select Tax-Free Income Portfolio Stock Up 0.1 %

NYSE NXP opened at $14.02 on Friday. The stock’s 50-day moving average price is $14.47 and its 200-day moving average price is $14.26. Nuveen Select Tax-Free Income Portfolio has a 52 week low of $12.91 and a 52 week high of $14.89.

Nuveen Select Tax-Free Income Portfolio Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a $0.0485 dividend. This represents a $0.58 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Friday, April 12th.

Nuveen Select Tax-Free Income Portfolio 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.