Flagship Wealth Advisors LLC Acquires Shares of 3,125 Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

Flagship Wealth Advisors LLC acquired a new stake in Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,125 shares of the financial services provider’s stock, valued at approximately $47,000.

Several other institutional investors have also recently bought and sold shares of NXP. Global Retirement Partners LLC bought a new stake in shares of Nuveen Select Tax-Free Income Portfolio during the fourth quarter worth $27,000. Icon Wealth Advisors LLC bought a new stake in shares of Nuveen Select Tax-Free Income Portfolio during the third quarter worth $32,000. Visionary Horizons LLC raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 21.2% during the fourth quarter. Visionary Horizons LLC now owns 16,570 shares of the financial services provider’s stock worth $251,000 after acquiring an additional 2,895 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 103.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 26,351 shares of the financial services provider’s stock worth $399,000 after acquiring an additional 13,382 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC raised its position in shares of Nuveen Select Tax-Free Income Portfolio by 31.4% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 26,756 shares of the financial services provider’s stock worth $405,000 after acquiring an additional 6,390 shares during the last quarter. Institutional investors own 16.17% of the company’s stock.

Nuveen Select Tax-Free Income Portfolio Stock Performance

NXP stock opened at $14.35 on Tuesday. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $13.79 and a twelve month high of $15.25. The business has a fifty day moving average of $14.75 and a 200-day moving average of $14.83.

Nuveen Select Tax-Free Income Portfolio Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.052 per share. The ex-dividend date is Friday, March 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.35%.

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.