Nuveen Sl Tfip (NYSE:NXP) Sees Significant Decrease in Short Interest

Nuveen Sl Tfip (NYSE:NXP) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 34,859 shares, a decrease of 46.8% from the May 31st total of 65,498 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 125,842 shares, the days-to-cover ratio is currently 0.3 days.

Nuveen Sl Tfip Stock Up 0.7%

Nuveen Sl Tfip stock opened at $14.38 on Tuesday. Nuveen Sl Tfip has a one year low of $13.73 and a one year high of $14.65. The business’s fifty day moving average is $14.24 and its 200 day moving average is $14.26.

Nuveen Sl Tfip Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a dividend of $0.0535 per share. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 4.5%.

Institutional Trading of Nuveen Sl Tfip

A number of large investors have recently made changes to their positions in NXP. World Investment Advisors raised its stake in Nuveen Sl Tfip by 4.7% during the 1st quarter. World Investment Advisors now owns 20,722 shares of the financial services provider’s stock valued at $297,000 after buying an additional 926 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Nuveen Sl Tfip by 5.1% during the 4th quarter. Stifel Financial Corp now owns 24,265 shares of the financial services provider’s stock valued at $342,000 after buying an additional 1,171 shares during the period. D.A. Davidson & CO. boosted its stake in shares of Nuveen Sl Tfip by 14.1% in the 4th quarter. D.A. Davidson & CO. now owns 12,248 shares of the financial services provider’s stock worth $173,000 after buying an additional 1,510 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Nuveen Sl Tfip by 1.5% in the 4th quarter. LPL Financial LLC now owns 135,017 shares of the financial services provider’s stock worth $1,904,000 after buying an additional 2,021 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Nuveen Sl Tfip by 116.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,857 shares of the financial services provider’s stock worth $56,000 after buying an additional 2,079 shares during the last quarter. 16.17% of the stock is currently owned by institutional investors.

Nuveen Sl Tfip 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. 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.