Breakwater Capital Group Raises Stock Position in Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)

Breakwater Capital Group lifted its holdings in shares of Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) by 15.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,133 shares of the company’s stock after purchasing an additional 5,470 shares during the quarter. Breakwater Capital Group’s holdings in Nuveen New York Select Tax-Free Income Portfolio were worth $467,000 as of its most recent filing with the SEC.

Separately, Stifel Financial Corp raised its position in Nuveen New York Select Tax-Free Income Portfolio by 41.5% in the 3rd quarter. Stifel Financial Corp now owns 21,883 shares of the company’s stock valued at $266,000 after purchasing an additional 6,421 shares in the last quarter.

Nuveen New York Select Tax-Free Income Portfolio Trading Up 0.4 %

Shares of NXN opened at $11.59 on Wednesday. The stock has a 50-day simple moving average of $11.70 and a 200-day simple moving average of $11.83. Nuveen New York Select Tax-Free Income Portfolio has a 1 year low of $10.98 and a 1 year high of $12.40.

Nuveen New York Select Tax-Free Income Portfolio Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.042 per share. This represents a $0.50 annualized dividend and a yield of 4.35%. The ex-dividend date is Wednesday, January 15th.

About Nuveen New York Select Tax-Free Income Portfolio

Nuveen New York 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 New York. The fund invests in the securities of companies that operate across diversified sectors.