NewEdge Wealth LLC Makes New $408,000 Investment in Nuveen Sl Tfip $NXP

NewEdge Wealth LLC purchased a new position in Nuveen Sl Tfip (NYSE:NXP) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 38,055 shares of the financial services provider’s stock, valued at approximately $408,000.

Several other institutional investors and hedge funds have also made changes to their positions in NXP. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Nuveen Sl Tfip by 116.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,857 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 2,079 shares in the last quarter. Advisory Services Network LLC bought a new stake in Nuveen Sl Tfip during the third quarter worth approximately $58,000. Bayban bought a new stake in Nuveen Sl Tfip during the fourth quarter worth approximately $62,000. International Assets Investment Management LLC acquired a new stake in Nuveen Sl Tfip in the fourth quarter worth approximately $73,000. Finally, Occidental Asset Management LLC acquired a new stake in Nuveen Sl Tfip in the second quarter worth approximately $126,000. 16.17% of the stock is currently owned by institutional investors.

Nuveen Sl Tfip Price Performance

Shares of NYSE NXP opened at $14.19 on Friday. The stock has a fifty day moving average price of $14.30 and a two-hundred day moving average price of $14.30. Nuveen Sl Tfip has a 1 year low of $13.89 and a 1 year high of $14.65.

Nuveen Sl Tfip Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a $0.0535 dividend. The ex-dividend date is Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 4.5%.

Nuveen Sl Tfip 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.