Lantz Financial LLC Trims Stake in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Lantz Financial LLC lessened its stake in shares of Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 28.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,040 shares of the financial services provider’s stock after selling 4,827 shares during the quarter. Lantz Financial LLC’s holdings in Nuveen Select Tax-Free Income Portfolio were worth $182,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of NXP. Icon Wealth Advisors LLC bought a new stake in Nuveen Select Tax-Free Income Portfolio during the 3rd quarter valued at $32,000. Sanctuary Advisors LLC bought a new stake in Nuveen Select Tax-Free Income Portfolio during the 2nd quarter valued at $161,000. B. Riley Wealth Advisors Inc. boosted its position in Nuveen Select Tax-Free Income Portfolio by 101.4% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 21,497 shares of the financial services provider’s stock valued at $313,000 after acquiring an additional 10,824 shares in the last quarter. Capital Advisors Wealth Management LLC boosted its position in Nuveen Select Tax-Free Income Portfolio by 31.4% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 26,756 shares of the financial services provider’s stock valued at $405,000 after acquiring an additional 6,390 shares in the last quarter. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new stake in Nuveen Select Tax-Free Income Portfolio during the 3rd quarter valued at $439,000. Institutional investors own 16.17% of the company’s stock.

Nuveen Select Tax-Free Income Portfolio Stock Up 0.1 %

Shares of NYSE NXP opened at $14.88 on Friday. The stock’s fifty day simple moving average is $14.82 and its two-hundred day simple moving average is $14.84. Nuveen Select Tax-Free Income Portfolio has a 12-month low of $13.79 and a 12-month high of $15.25.

Nuveen Select Tax-Free Income Portfolio Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a $0.052 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.19%.

Nuveen Select Tax-Free Income Portfolio 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.