ProVise Management Group LLC Has $352,000 Holdings in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

ProVise Management Group LLC raised its holdings in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,840 shares of the financial services provider’s stock after buying an additional 1,000 shares during the period. ProVise Management Group LLC owned about 0.05% of Nuveen Select Tax-Free Income Portfolio worth $352,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in NXP. Van ECK Associates Corp raised its stake in Nuveen Select Tax-Free Income Portfolio by 15.3% in the 4th quarter. Van ECK Associates Corp now owns 257,980 shares of the financial services provider’s stock valued at $3,813,000 after acquiring an additional 34,173 shares during the period. UBS Group AG boosted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 6.5% during the 3rd quarter. UBS Group AG now owns 1,579,000 shares of the financial services provider’s stock worth $21,001,000 after buying an additional 96,024 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Nuveen Select Tax-Free Income Portfolio by 11.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 195,405 shares of the financial services provider’s stock worth $2,888,000 after buying an additional 19,595 shares during the period. Stratos Wealth Partners LTD. grew its stake in Nuveen Select Tax-Free Income Portfolio by 8.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 23,933 shares of the financial services provider’s stock valued at $354,000 after buying an additional 1,930 shares during the last quarter. Finally, Breakwater Capital Group raised its holdings in Nuveen Select Tax-Free Income Portfolio by 18.0% in the 4th quarter. Breakwater Capital Group now owns 14,919 shares of the financial services provider’s stock valued at $217,000 after acquiring an additional 2,281 shares during the period. 16.17% of the stock is owned by institutional investors and hedge funds.

Nuveen Select Tax-Free Income Portfolio Trading Up 0.9 %

Shares of NYSE:NXP traded up $0.13 during trading on Friday, reaching $14.00. 73,854 shares of the stock were exchanged, compared to its average volume of 78,607. Nuveen Select Tax-Free Income Portfolio has a 12 month low of $12.91 and a 12 month high of $14.89. The stock has a 50-day moving average price of $14.26 and a 200-day moving average price of $14.40.

Nuveen Select Tax-Free Income Portfolio Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.0485 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.58 annualized dividend and a yield of 4.16%.

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.